IMC Chicago LLC Buys Shares of 32,634 ProShares Ultra Consumer Staples $UGE

IMC Chicago LLC purchased a new stake in ProShares Ultra Consumer Staples (NYSEARCA:UGE) in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 32,634 shares of the company’s stock, valued at approximately $601,000. IMC Chicago LLC owned 4.94% of ProShares Ultra Consumer Staples at the end of the most recent reporting period.

Separately, Susquehanna International Group LLP purchased a new position in ProShares Ultra Consumer Staples in the third quarter worth approximately $478,000.

ProShares Ultra Consumer Staples Stock Up 6.2%

UGE stock opened at $19.81 on Friday. The business has a fifty day moving average of $19.14 and a two-hundred day moving average of $19.15. The stock has a market cap of $11.09 million, a price-to-earnings ratio of 23.21 and a beta of 1.33. ProShares Ultra Consumer Staples has a 52-week low of $15.74 and a 52-week high of $22.26.

ProShares Ultra Consumer Staples Profile

ProShares Ultra Consumer Goods (the Fund) seeks daily investment results that correspond to twice (200%) the daily performance of the Dow Jones U.S. Consumer Goods Index (the Index). The Fund intends to invest at least 80% of its net assets, including any borrowings for investment purposes, under normal circumstances, to equity securities contained in the Index and/or financial instruments that, in combination, have similar economic characteristics. The Fund also intends to invest assets not invested in financial instruments, in debt instruments and/or money market instruments.