ProShares UltraPro S&P 500 $UPRO Shares Sold by BXM Wealth LLC

BXM Wealth LLC lowered its holdings in shares of ProShares UltraPro S&P 500 (NYSEARCA:UPRO) by 90.7% during the first quarter, HoldingsChannel.com reports. The firm owned 18,799 shares of the company’s stock after selling 182,824 shares during the period. ProShares UltraPro S&P 500 makes up approximately 1.4% of BXM Wealth LLC’s holdings, making the stock its 18th largest holding. BXM Wealth LLC’s holdings in ProShares UltraPro S&P 500 were worth $1,823,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of UPRO. O Shaughnessy Asset Management LLC acquired a new position in shares of ProShares UltraPro S&P 500 during the 4th quarter worth approximately $28,000. Kestra Advisory Services LLC purchased a new stake in ProShares UltraPro S&P 500 in the 4th quarter worth $28,000. Federation des caisses Desjardins du Quebec increased its holdings in ProShares UltraPro S&P 500 by 465.7% in the 4th quarter. Federation des caisses Desjardins du Quebec now owns 396 shares of the company’s stock worth $46,000 after acquiring an additional 326 shares in the last quarter. Bank of America Corp DE purchased a new stake in ProShares UltraPro S&P 500 in the 2nd quarter worth $90,000. Finally, EFG International AG acquired a new position in ProShares UltraPro S&P 500 during the fourth quarter worth $110,000.

ProShares UltraPro S&P 500 Stock Up 5.1%

UPRO opened at $138.76 on Tuesday. The firm’s fifty day simple moving average is $137.85 and its two-hundred day simple moving average is $121.89. ProShares UltraPro S&P 500 has a 52-week low of $88.14 and a 52-week high of $151.41. The company has a market cap of $5.06 billion, a price-to-earnings ratio of 28.62 and a beta of 3.02.

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.