Commonwealth Equity Services LLC Sells 852 Shares of ProShares UltraPro S&P 500 (NYSEARCA:UPRO)

Commonwealth Equity Services LLC cut its holdings in ProShares UltraPro S&P 500 (NYSEARCA:UPRO) by 10.3% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 7,412 shares of the company’s stock after selling 852 shares during the period. Commonwealth Equity Services LLC’s holdings in ProShares UltraPro S&P 500 were worth $570,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in the business. ORG Partners LLC acquired a new position in shares of ProShares UltraPro S&P 500 during the second quarter worth approximately $84,000. Hantz Financial Services Inc. acquired a new position in ProShares UltraPro S&P 500 during the 2nd quarter valued at $93,000. PNC Financial Services Group Inc. bought a new stake in ProShares UltraPro S&P 500 in the 4th quarter valued at $103,000. Great Oak Capital Partners LLC acquired a new stake in ProShares UltraPro S&P 500 in the 4th quarter worth $214,000. Finally, First Western Trust Bank acquired a new stake in ProShares UltraPro S&P 500 in the 1st quarter worth $240,000.

ProShares UltraPro S&P 500 Stock Down 0.7 %

Shares of UPRO opened at $84.02 on Friday. The company has a 50-day simple moving average of $77.42 and a 200-day simple moving average of $72.73. ProShares UltraPro S&P 500 has a 52 week low of $35.57 and a 52 week high of $85.48.

ProShares UltraPro S&P 500 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.