RPg Family Wealth Advisory LLC acquired a new position in ProShares Ultra Financials (NYSEARCA:UYG) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 1,471 shares of the company’s stock, valued at approximately $59,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Virtu Financial LLC increased its position in shares of ProShares Ultra Financials by 118.7% during the 1st quarter. Virtu Financial LLC now owns 37,033 shares of the company’s stock valued at $1,483,000 after purchasing an additional 20,103 shares during the last quarter. FDx Advisors Inc. bought a new position in shares of ProShares Ultra Financials during the 4th quarter valued at approximately $728,000. Raymond James Financial Services Advisors Inc. increased its position in shares of ProShares Ultra Financials by 8.1% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 14,667 shares of the company’s stock valued at $478,000 after purchasing an additional 1,100 shares during the last quarter. Creative Planning increased its position in shares of ProShares Ultra Financials by 5.1% during the 4th quarter. Creative Planning now owns 6,362 shares of the company’s stock valued at $208,000 after purchasing an additional 308 shares during the last quarter. Finally, Nwam LLC bought a new position in shares of ProShares Ultra Financials during the 1st quarter valued at approximately $234,000.

Shares of NYSEARCA UYG traded down $0.23 during trading hours on Friday, hitting $43.82. 3,155 shares of the company traded hands, compared to its average volume of 76,602. ProShares Ultra Financials has a 12 month low of $28.46 and a 12 month high of $46.71.

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ProShares Ultra Financials Company Profile

ProShares Ultra Financials (the Fund) seeks daily investment results that correspond to twice the daily performance of the Dow Jones U.S. Financials Index. The Dow Jones U.S. Financials Index measures the performance of the financial services industry of the United States equity market. Component companies include regional banks; United States domiciled international banks; full line, life, and property and casualty insurance companies; companies that invest, directly or indirectly in real estate; diversified financial companies, such as credit card issuers, check cashing companies, mortgage lenders and investment advisers; securities brokers and dealers including investment banks, merchant banks and online brokers; and publicly traded stock exchanges.

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Institutional Ownership by Quarter for ProShares Ultra Financials (NYSEARCA:UYG)

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