Headlands Technologies LLC Invests $177,000 in ProShares UltraPro Dow30 (NYSEARCA:UDOW)

Headlands Technologies LLC acquired a new position in shares of ProShares UltraPro Dow30 (NYSEARCA:UDOW) in the 4th quarter, HoldingsChannel reports. The firm acquired 2,384 shares of the company’s stock, valued at approximately $177,000.

Several other hedge funds also recently modified their holdings of UDOW. Millington Financial Advisors LLC boosted its stake in ProShares UltraPro Dow30 by 11.5% in the third quarter. Millington Financial Advisors LLC now owns 9,784 shares of the company’s stock valued at $526,000 after acquiring an additional 1,012 shares during the last quarter. Pathstone Family Office LLC bought a new position in shares of ProShares UltraPro Dow30 during the third quarter worth $554,000. Sowell Financial Services LLC bought a new position in shares of ProShares UltraPro Dow30 during the third quarter worth $597,000. Spire Wealth Management bought a new position in shares of ProShares UltraPro Dow30 during the third quarter worth $1,173,000. Finally, XR Securities LLC bought a new position in shares of ProShares UltraPro Dow30 during the third quarter worth $2,767,000.

ProShares UltraPro Dow30 Price Performance

Shares of NYSEARCA UDOW opened at $74.81 on Monday. The company’s fifty day moving average is $79.27 and its 200-day moving average is $71.33. ProShares UltraPro Dow30 has a twelve month low of $47.72 and a twelve month high of $86.12.

ProShares UltraPro Dow30 Profile

ProShares UltraPro Dow30 seeks daily investment results, before fees and expenses, that correspond to triple (300%) the daily performance of the Dow Jones Industrial Average Index. The Fund invests in equity securities and derivatives that have similar daily performance characteristics as three times (300%) the daily return of the Index.