Atria Investments Inc Buys Shares of 2,803 ProShares Ultra Financials (NYSEARCA:UYG)

Atria Investments Inc purchased a new position in ProShares Ultra Financials (NYSEARCA:UYG) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 2,803 shares of the company’s stock, valued at approximately $240,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in UYG. Great Valley Advisor Group Inc. bought a new position in shares of ProShares Ultra Financials during the 3rd quarter valued at about $212,000. Plotkin Financial Advisors LLC bought a new position in ProShares Ultra Financials during the third quarter valued at approximately $219,000. Sanctuary Advisors LLC purchased a new position in shares of ProShares Ultra Financials during the third quarter worth approximately $232,000. Summit Trail Advisors LLC bought a new stake in shares of ProShares Ultra Financials in the 4th quarter worth approximately $309,000. Finally, Global Retirement Partners LLC purchased a new stake in shares of ProShares Ultra Financials in the 4th quarter valued at $51,000.

ProShares Ultra Financials Trading Down 0.4 %

UYG opened at $86.39 on Wednesday. The company has a market cap of $827.62 million, a P/E ratio of 14.95 and a beta of 2.13. ProShares Ultra Financials has a 12 month low of $59.86 and a 12 month high of $99.92. The business’s 50-day moving average price is $91.95 and its 200-day moving average price is $86.72.

About ProShares Ultra Financials

ProShares Ultra Financials (the Fund) seeks daily investment results that correspond to twice the daily performance of the Dow Jones U.S. Financials Index. The Dow Jones U.S. Financials Index measures the performance of the financial services industry of the United States equity market. Component companies include regional banks; United States domiciled international banks; full line, life, and property and casualty insurance companies; companies that invest, directly or indirectly in real estate; diversified financial companies, such as credit card issuers, check cashing companies, mortgage lenders and investment advisers; securities brokers and dealers including investment banks, merchant banks and online brokers; and publicly traded stock exchanges.