Barclays PLC Buys New Shares in ProShares Ultra Gold (NYSEARCA:UGL)

Barclays PLC bought a new position in ProShares Ultra Gold (NYSEARCA:UGL) during the third quarter, according to the company in its most recent filing with the SEC. The firm bought 700 shares of the company’s stock, valued at approximately $67,000.

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

ProShares Ultra Gold Stock Performance

Shares of ProShares Ultra Gold stock opened at $96.34 on Friday. The business has a 50 day moving average of $95.32 and a 200 day moving average of $91.20. ProShares Ultra Gold has a 52 week low of $58.20 and a 52 week high of $107.20.

About ProShares Ultra Gold

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.