Triton Wealth Management PLLC Sells 607 Shares of ProShares UltraPro S&P 500 (NYSEARCA:UPRO)

Triton Wealth Management PLLC decreased its position in ProShares UltraPro S&P 500 (NYSEARCA:UPRO) by 15.4% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 3,345 shares of the company’s stock after selling 607 shares during the quarter. Triton Wealth Management PLLC’s holdings in ProShares UltraPro S&P 500 were worth $281,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in UPRO. ORG Partners LLC acquired a new stake in ProShares UltraPro S&P 500 in the 2nd quarter worth approximately $84,000. Traynor Capital Management Inc. acquired a new stake in ProShares UltraPro S&P 500 in the 1st quarter worth approximately $243,000. Commonwealth Equity Services LLC lifted its holdings in ProShares UltraPro S&P 500 by 14.2% in the 1st quarter. Commonwealth Equity Services LLC now owns 8,264 shares of the company’s stock worth $583,000 after purchasing an additional 1,025 shares during the last quarter. Edgestream Partners L.P. acquired a new stake in ProShares UltraPro S&P 500 in the 2nd quarter worth approximately $565,000. Finally, Axxcess Wealth Management LLC lifted its holdings in ProShares UltraPro S&P 500 by 603.2% in the 2nd quarter. Axxcess Wealth Management LLC now owns 57,540 shares of the company’s stock worth $4,421,000 after purchasing an additional 49,357 shares during the last quarter.

ProShares UltraPro S&P 500 Stock Up 2.6 %

UPRO traded up $2.18 on Friday, hitting $85.52. The company had a trading volume of 4,977,751 shares, compared to its average volume of 5,472,713. The company’s fifty day moving average price is $78.52 and its 200 day moving average price is $74.13. ProShares UltraPro S&P 500 has a 1-year low of $35.57 and a 1-year high of $86.63.

About ProShares UltraPro S&P 500

The ProShares UltraPro S&P500 (UPRO) is an exchange-traded fund that is based on the S&P 500 index. The fund provides 3x leveraged daily exposure to a market cap-weighted index of large-cap and mid-cap US companies selected by the S&P Committee. UPRO was launched on Jun 25, 2009 and is managed by ProShares.