ProShares UltraPro Dow30 $UDOW Position Lowered by IMC Chicago LLC

IMC Chicago LLC reduced its stake in shares of ProShares UltraPro Dow30 (NYSEARCA:UDOW) by 18.0% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 51,052 shares of the company’s stock after selling 11,197 shares during the quarter. IMC Chicago LLC’s holdings in ProShares UltraPro Dow30 were worth $2,562,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. NewEdge Advisors LLC grew its position in ProShares UltraPro Dow30 by 100.0% in the fourth quarter. NewEdge Advisors LLC now owns 470 shares of the company’s stock worth $27,000 after buying an additional 235 shares during the last quarter. Larson Financial Group LLC lifted its position in shares of ProShares UltraPro Dow30 by 100.8% during the 4th quarter. Larson Financial Group LLC now owns 749 shares of the company’s stock valued at $43,000 after acquiring an additional 376 shares during the last quarter. Federation des caisses Desjardins du Quebec boosted its stake in shares of ProShares UltraPro Dow30 by 107.7% during the 4th quarter. Federation des caisses Desjardins du Quebec now owns 858 shares of the company’s stock worth $50,000 after acquiring an additional 445 shares in the last quarter. O Shaughnessy Asset Management LLC boosted its stake in shares of ProShares UltraPro Dow30 by 100.0% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 1,150 shares of the company’s stock worth $67,000 after acquiring an additional 575 shares in the last quarter. Finally, EverSource Wealth Advisors LLC boosted its stake in shares of ProShares UltraPro Dow30 by 100.0% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,276 shares of the company’s stock worth $74,000 after acquiring an additional 638 shares in the last quarter.

ProShares UltraPro Dow30 Stock Up 0.7%

Shares of NYSEARCA UDOW opened at $71.27 on Thursday. The stock’s fifty day simple moving average is $66.41 and its 200 day simple moving average is $61.12. The stock has a market capitalization of $862.37 million, a price-to-earnings ratio of 20.47 and a beta of 2.60. ProShares UltraPro Dow30 has a 52-week low of $44.37 and a 52-week high of $74.21.

About ProShares UltraPro Dow30

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. The Index includes 30 large-cap, blue-chip United States stocks, excluding utility and transportation companies. The Fund invests in common stock issued by public companies.