WealthCare Asset Management LLC Buys New Shares in ProShares Ultra Consumer Discretionary $UCC

WealthCare Asset Management LLC bought a new stake in shares of ProShares Ultra Consumer Discretionary (NYSEARCA:UCC) during the fourth quarter, Holdings Channel reports. The institutional investor bought 46,784 shares of the company’s stock, valued at approximately $2,545,000. ProShares Ultra Consumer Discretionary comprises 1.7% of WealthCare Asset Management LLC’s holdings, making the stock its 13th biggest holding. WealthCare Asset Management LLC owned about 0.17% of ProShares Ultra Consumer Discretionary as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Osaic Holdings Inc. acquired a new position in shares of ProShares Ultra Consumer Discretionary during the 2nd quarter valued at $631,000. Citadel Advisors LLC acquired a new position in shares of ProShares Ultra Consumer Discretionary during the 3rd quarter valued at $209,000. Finally, Northwestern Mutual Wealth Management Co. acquired a new position in shares of ProShares Ultra Consumer Discretionary during the 3rd quarter valued at $87,000.

ProShares Ultra Consumer Discretionary Stock Up 0.0%

ProShares Ultra Consumer Discretionary stock opened at $49.25 on Wednesday. ProShares Ultra Consumer Discretionary has a 12-month low of $39.96 and a 12-month high of $56.96. The firm’s fifty day moving average is $48.64 and its 200 day moving average is $49.74. The company has a market capitalization of $13.79 million, a PE ratio of 29.58 and a beta of 2.22.

ProShares Ultra Consumer Discretionary Profile

ProShares Ultra Consumer Services (the Fund) seeks daily investment results that correspond to twice the daily performance of the Dow Jones United States Consumer Goods Index. The Dow Jones United States Consumer Goods Index measures the performance of consumer spending in the goods industry of the United States equity market. Component companies include automobiles and auto parts and tires, brewers and distillers, farming and fishing, durable and non-durable household product manufacturers, cosmetic companies, food and tobacco products, clothing accessories and footwear.