Farther Finance Advisors LLC Has $80,000 Stock Position in ProShares UltraPro S&P 500 (NYSEARCA:UPRO)

Farther Finance Advisors LLC grew its holdings in shares of ProShares UltraPro S&P 500 (NYSEARCA:UPRO) by 28.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 900 shares of the company’s stock after buying an additional 200 shares during the quarter. Farther Finance Advisors LLC’s holdings in ProShares UltraPro S&P 500 were worth $80,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. RPg Family Wealth Advisory LLC bought a new position in shares of ProShares UltraPro S&P 500 during the third quarter valued at about $26,000. SBI Securities Co. Ltd. bought a new position in shares of ProShares UltraPro S&P 500 during the fourth quarter valued at about $87,000. Mayflower Financial Advisors LLC bought a new position in shares of ProShares UltraPro S&P 500 during the fourth quarter valued at about $230,000. Koshinski Asset Management Inc. lifted its position in shares of ProShares UltraPro S&P 500 by 8.2% during the fourth quarter. Koshinski Asset Management Inc. now owns 2,793 shares of the company’s stock valued at $248,000 after purchasing an additional 212 shares in the last quarter. Finally, Townsquare Capital LLC bought a new position in shares of ProShares UltraPro S&P 500 during the third quarter valued at about $257,000.

ProShares UltraPro S&P 500 Price Performance

UPRO opened at $76.50 on Friday. The company’s 50-day moving average is $89.18 and its 200 day moving average is $89.23. ProShares UltraPro S&P 500 has a fifty-two week low of $58.74 and a fifty-two week high of $100.06. The firm has a market capitalization of $3.32 billion, a P/E ratio of 22.12 and a beta of 3.12.

ProShares UltraPro S&P 500 Company Profile

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.