Steward Partners Investment Advisory LLC Increases Stock Position in ProShares Ultra Health Care (NYSEARCA:RXL)

Steward Partners Investment Advisory LLC grew its position in ProShares Ultra Health Care (NYSEARCA:RXL) by 500.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 600 shares of the company’s stock after purchasing an additional 500 shares during the period. Steward Partners Investment Advisory LLC owned about 0.07% of ProShares Ultra Health Care worth $26,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in RXL. IMC Chicago LLC increased its holdings in ProShares Ultra Health Care by 13.2% during the fourth quarter. IMC Chicago LLC now owns 13,546 shares of the company’s stock worth $596,000 after buying an additional 1,581 shares during the last quarter. Toth Financial Advisory Corp increased its holdings in ProShares Ultra Health Care by 100.0% during the fourth quarter. Toth Financial Advisory Corp now owns 8,640 shares of the company’s stock worth $380,000 after buying an additional 4,320 shares during the last quarter. Jane Street Group LLC purchased a new stake in ProShares Ultra Health Care during the third quarter worth about $364,000. Capital Investment Advisory Services LLC increased its holdings in ProShares Ultra Health Care by 101.0% during the fourth quarter. Capital Investment Advisory Services LLC now owns 2,251 shares of the company’s stock worth $99,000 after buying an additional 1,131 shares during the last quarter. Finally, Bartlett & CO. Wealth Management LLC increased its holdings in ProShares Ultra Health Care by 100.0% during the fourth quarter. Bartlett & CO. Wealth Management LLC now owns 1,824 shares of the company’s stock worth $80,000 after buying an additional 912 shares during the last quarter.

ProShares Ultra Health Care Stock Performance

NYSEARCA RXL opened at $49.46 on Thursday. ProShares Ultra Health Care has a 52-week low of $42.91 and a 52-week high of $58.74. The company has a 50-day simple moving average of $48.97 and a 200 day simple moving average of $50.81. The company has a market capitalization of $84.58 million, a PE ratio of 29.46 and a beta of 1.41.

ProShares Ultra Health Care Profile

ProShares Ultra Health Care (the Fund) seeks daily investment results that correspond to twice (200%) the daily performance of the Dow Jones U.S. Health Care 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.