Barclays PLC Invests $67,000 in ProShares Ultra Gold (NYSEARCA:UGL)

Barclays PLC bought a new stake in shares of ProShares Ultra Gold (NYSEARCA:UGL) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 700 shares of the company’s stock, valued at approximately $67,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in UGL. Flow Traders U.S. LLC raised its position in shares of ProShares Ultra Gold by 24.2% during the third quarter. Flow Traders U.S. LLC now owns 7,348 shares of the company’s stock valued at $705,000 after buying an additional 1,431 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in ProShares Ultra Gold during the third quarter worth about $639,000. EWG Elevate Inc. bought a new position in ProShares Ultra Gold during the third quarter valued at about $1,414,000. BNP Paribas Financial Markets acquired a new position in ProShares Ultra Gold in the 3rd quarter valued at approximately $1,596,000. Finally, China Universal Asset Management Co. Ltd. bought a new stake in shares of ProShares Ultra Gold in the 3rd quarter worth approximately $2,656,000.

ProShares Ultra Gold Price Performance

Shares of NYSEARCA:UGL opened at $103.41 on Friday. The business’s 50 day moving average is $95.85 and its 200-day moving average is $92.75. ProShares Ultra Gold has a 1-year low of $58.20 and a 1-year high of $107.20.

ProShares Ultra Gold Company Profile

ProShares Ultra Gold (the Fund) seeks daily investment results that correspond to twice (200%) the daily performance. The Fund generally invests in financial instruments as a substitute for investing directly in a commodity or currency in order to gain exposure to the commodity index, commodity or currency.