IMC Chicago LLC Has $1.35 Million Stock Holdings in ProShares Ultra Utilities (NYSEARCA:UPW)

IMC Chicago LLC raised its stake in shares of ProShares Ultra Utilities (NYSEARCA:UPW) by 69.3% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 24,008 shares of the company’s stock after purchasing an additional 9,827 shares during the period. IMC Chicago LLC owned 12.64% of ProShares Ultra Utilities worth $1,349,000 as of its most recent SEC filing.

ProShares Ultra Utilities Price Performance

UPW opened at $61.08 on Friday. ProShares Ultra Utilities has a 1-year low of $40.26 and a 1-year high of $68.22. The business has a 50 day moving average of $62.77 and a 200-day moving average of $55.65.

ProShares Ultra Utilities Company Profile

ProShares Ultra Utilities (the Fund) seeks daily investment results that correspond to twice (200%) the daily performance of the Dow Jones U.S. Utilities Index (the Index). The Fund intends to invest at least 80% of its net assets, including any borrowings for investment purposes, under normal circumstances, to equity securities contained in the Index and/or financial instruments that, in combination, have similar economic characteristics.