Legacy Wealth Partners LLC Has $287,000 Stock Position in ProShares Ultra Gold $UGL

Legacy Wealth Partners LLC lowered its holdings in shares of ProShares Ultra Gold (NYSEARCA:UGL) by 86.1% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 4,662 shares of the company’s stock after selling 28,818 shares during the period. Legacy Wealth Partners LLC’s holdings in ProShares Ultra Gold were worth $287,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the business. Quadrature Capital Ltd acquired a new stake in ProShares Ultra Gold in the third quarter valued at $16,390,000. China Universal Asset Management Co. Ltd. lifted its holdings in ProShares Ultra Gold by 397.2% during the 4th quarter. China Universal Asset Management Co. Ltd. now owns 386,800 shares of the company’s stock worth $21,475,000 after buying an additional 309,000 shares during the period. Jump Financial LLC bought a new stake in shares of ProShares Ultra Gold in the 4th quarter valued at about $9,073,000. Genesis Financial Group LLC acquired a new stake in shares of ProShares Ultra Gold in the fourth quarter valued at about $3,155,000. Finally, Group One Trading LLC increased its stake in shares of ProShares Ultra Gold by 121.3% in the fourth quarter. Group One Trading LLC now owns 42,702 shares of the company’s stock valued at $2,371,000 after buying an additional 23,404 shares during the period.

Key Headlines Impacting ProShares Ultra Gold

Here are the key news stories impacting ProShares Ultra Gold this week:

• Positive Sentiment: China’s gold imports hit a 26-month high in May, rising 76% year to date, suggesting robust physical demand from the world’s largest gold market. China gold imports hit 26-month high in May, up 76% YTD
• Positive Sentiment: Some analysts and market commentators said gold’s recent pullback may be creating an attractive entry point for longer-term investors, arguing that de-dollarization and structural demand trends remain supportive. Gold’s pullback creates attractive entry as de-dollarization turns structural – KMLM’s Prior
• Neutral Sentiment: Gold briefly bounced off session lows after stronger-than-expected U.S. PMI data, showing the metal remains highly sensitive to shifting macro data and interest-rate expectations. Spot gold rises from session lows as flash S&P composite PMI improves to 52.2
• Neutral Sentiment: Gold is testing key technical support levels, and short-term direction may depend on whether buyers defend those levels or sellers extend the broader downtrend. Gold (XAU/USD) Price Forecast: Support Zone Faces Critical Test
• Negative Sentiment: Gold settled lower as a stronger dollar, hawkish Fed repricing and higher rate-hike odds continued to hit precious metals broadly, reinforcing near-term downside pressure. Comex Gold Settles 1.24% Lower at $4129.90
• Negative Sentiment: Deutsche Bank and BMO both cut gold price outlooks, citing weaker investor demand and the Federal Reserve’s more hawkish tone, which adds to the bearish case for bullion in the near term. Deutsche Bank cuts 2026 gold price targets to $4,300/oz for Q3, $4,800/oz in Q4 as investor demand drops BMO cuts gold price forecast as Fed’s hawkish shift weighs on precious metals

ProShares Ultra Gold Stock Down 3.7%

ProShares Ultra Gold stock opened at $46.14 on Wednesday. The stock’s 50 day moving average is $56.64 and its 200 day moving average is $62.30. ProShares Ultra Gold has a one year low of $33.52 and a one year high of $90.40.

ProShares Ultra Gold Company Profile

ProShares Ultra Gold (the Fund) seeks daily investment results that correspond to twice (200%) the daily performance. The Fund generally invests in financial instruments as a substitute for investing directly in a commodity or currency in order to gain exposure to the commodity index, commodity or currency. The Funds may purchase United States Treasury Bills, agency securities, and other high-credit quality short-term fixed income or similar securities with original maturities of one year or less.