Diversified Trust Co Trims Position in ProShares UltraPro S&P 500 $UPRO

Diversified Trust Co trimmed its holdings in shares of ProShares UltraPro S&P 500 (NYSEARCA:UPRO) by 14.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 43,000 shares of the company’s stock after selling 7,000 shares during the period. Diversified Trust Co owned approximately 0.11% of ProShares UltraPro S&P 500 worth $4,170,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the business. Turner Capital Investments LLC purchased a new stake in shares of ProShares UltraPro S&P 500 in the fourth quarter valued at approximately $60,838,000. BXM Wealth LLC acquired a new position in shares of ProShares UltraPro S&P 500 during the 4th quarter worth approximately $23,340,000. Revere Asset Management Inc purchased a new position in shares of ProShares UltraPro S&P 500 during the 3rd quarter valued at approximately $20,253,000. Robinson Value Management Ltd. purchased a new stake in ProShares UltraPro S&P 500 in the 4th quarter worth $16,919,000. Finally, Spectrum Financial Alliance Ltd LLC raised its position in ProShares UltraPro S&P 500 by 185.4% during the second quarter. Spectrum Financial Alliance Ltd LLC now owns 83,958 shares of the company’s stock worth $8,234,000 after acquiring an additional 54,541 shares during the period.

ProShares UltraPro S&P 500 Price Performance

UPRO opened at $142.81 on Friday. The company has a market cap of $5.21 billion, a price-to-earnings ratio of 28.62 and a beta of 3.02. ProShares UltraPro S&P 500 has a 52-week low of $80.82 and a 52-week high of $151.41. The firm’s fifty day simple moving average is $135.34 and its two-hundred day simple moving average is $121.04.

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.