Axxcess Wealth Management LLC Sells 9,424 Shares of ProShares UltraPro S&P 500 $UPRO

Axxcess Wealth Management LLC cut its holdings in ProShares UltraPro S&P 500 (NYSEARCA:UPRO) by 4.5% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 198,096 shares of the company’s stock after selling 9,424 shares during the period. Axxcess Wealth Management LLC’s holdings in ProShares UltraPro S&P 500 were worth $22,932,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Optiver Holding B.V. bought a new stake in shares of ProShares UltraPro S&P 500 in the 3rd quarter worth about $37,000. Physician Wealth Advisors Inc. increased its holdings in shares of ProShares UltraPro S&P 500 by 11.6% in the 3rd quarter. Physician Wealth Advisors Inc. now owns 944 shares of the company’s stock worth $105,000 after buying an additional 98 shares during the last quarter. Bank of America Corp DE bought a new stake in shares of ProShares UltraPro S&P 500 in the 2nd quarter worth about $90,000. Great Oak Capital Partners LLC bought a new stake in shares of ProShares UltraPro S&P 500 in the 4th quarter worth about $205,000. Finally, Stratos Wealth Partners LTD. bought a new stake in shares of ProShares UltraPro S&P 500 in the 3rd quarter worth about $202,000.

ProShares UltraPro S&P 500 Stock Up 1.1%

ProShares UltraPro S&P 500 stock opened at $143.08 on Friday. The company has a market cap of $5.22 billion, a PE ratio of 28.62 and a beta of 3.02. ProShares UltraPro S&P 500 has a twelve month low of $74.48 and a twelve month high of $145.93. The company’s 50-day moving average price is $118.05 and its 200-day moving average price is $116.74.

ProShares UltraPro S&P 500 Company Profile

The ProShares UltraPro S&P500 (UPRO) is an exchange-traded fund that is based on the S&P 500 index. The fund provides 3x leveraged daily exposure to a market cap-weighted index of large-cap and mid-cap US companies selected by the S&P Committee. UPRO was launched on Jun 25, 2009 and is managed by ProShares.