62,691 Shares in ProShares UltraShort Gold $GLL Bought by Hamilton Wealth LLC

Hamilton Wealth LLC acquired a new stake in shares of ProShares UltraShort Gold (NYSEARCA:GLL) during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 62,691 shares of the exchange traded fund’s stock, valued at approximately $1,265,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. JPMorgan Chase & Co. bought a new position in ProShares UltraShort Gold during the 2nd quarter valued at about $55,000. NewEdge Advisors LLC bought a new position in shares of ProShares UltraShort Gold in the fourth quarter valued at approximately $77,000. Bank of America Corp DE raised its stake in shares of ProShares UltraShort Gold by 55,280.0% in the second quarter. Bank of America Corp DE now owns 8,307 shares of the exchange traded fund’s stock valued at $185,000 after acquiring an additional 8,292 shares during the last quarter. Mission Wealth Management LP acquired a new position in shares of ProShares UltraShort Gold in the 4th quarter worth approximately $391,000. Finally, Two Sigma Securities LLC bought a new stake in ProShares UltraShort Gold during the 2nd quarter worth approximately $336,000.

ProShares UltraShort Gold Stock Performance

Shares of NYSEARCA:GLL opened at $26.50 on Monday. ProShares UltraShort Gold has a twelve month low of $15.60 and a twelve month high of $45.32. The business has a fifty day moving average of $25.07 and a 200-day moving average of $21.52.

About ProShares UltraShort Gold

ProShares UltraShort Gold (the Fund) seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of gold bullion as measured by the United States dollar p.m. fixing price for delivery in London. The Fund will not directly or physically hold the underlying gold, but instead, will seek exposure to gold through the use of financial instruments, whose value is based on the underlying price of gold to pursue their investment objective. The benchmark price of gold will be the United States dollar price of gold bullion as measured by the London afternoon fixing price per troy ounce of unallocated gold bullion for delivery in London through a member of the London Bullion Market Association (LBMA) authorized to effect such delivery.