Optiver Holding B.V. raised its stake in shares of ProShares UltraPro Dow30 (NYSEARCA:UDOW – Free Report) by 115.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 64,567 shares of the company’s stock after purchasing an additional 34,635 shares during the period. Optiver Holding B.V.’s holdings in ProShares UltraPro Dow30 were worth $3,240,000 at the end of the most recent quarter.
Several other institutional investors have also modified their holdings of UDOW. NewEdge Advisors LLC increased its stake in shares of ProShares UltraPro Dow30 by 100.0% during the fourth quarter. NewEdge Advisors LLC now owns 470 shares of the company’s stock worth $27,000 after purchasing an additional 235 shares in the last quarter. Larson Financial Group LLC raised 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 worth $43,000 after purchasing an additional 376 shares during the last quarter. Federation des caisses Desjardins du Quebec raised its position 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 purchasing an additional 445 shares during the last quarter. Group One Trading LLC purchased a new position in ProShares UltraPro Dow30 in the 1st quarter valued at about $52,000. Finally, O Shaughnessy Asset Management LLC lifted its stake in ProShares UltraPro Dow30 by 100.0% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 1,150 shares of the company’s stock valued at $67,000 after buying an additional 575 shares in the last quarter.
ProShares UltraPro Dow30 Trading Up 1.5%
UDOW stock opened at $70.10 on Friday. ProShares UltraPro Dow30 has a 12-month low of $44.37 and a 12-month high of $74.21. The stock has a market cap of $837.69 million, a price-to-earnings ratio of 20.47 and a beta of 2.60. The business’s 50-day moving average is $68.23 and its 200 day moving average is $61.84.
ProShares UltraPro Dow30 Company Profile
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.
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