Ashton Thomas Private Wealth LLC Sells 20,478 Shares of ProShares UltraPro Dow30 $UDOW

Ashton Thomas Private Wealth LLC trimmed its position in ProShares UltraPro Dow30 (NYSEARCA:UDOW) by 85.6% during the 3rd quarter, HoldingsChannel reports. The firm owned 3,454 shares of the company’s stock after selling 20,478 shares during the quarter. Ashton Thomas Private Wealth LLC’s holdings in ProShares UltraPro Dow30 were worth $370,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in UDOW. Flow Traders U.S. LLC boosted its stake in ProShares UltraPro Dow30 by 139.0% during the second quarter. Flow Traders U.S. LLC now owns 64,238 shares of the company’s stock valued at $6,065,000 after buying an additional 37,357 shares during the last quarter. Encompass More Asset Management raised its holdings in shares of ProShares UltraPro Dow30 by 191.1% during the 3rd quarter. Encompass More Asset Management now owns 32,235 shares of the company’s stock worth $3,451,000 after acquiring an additional 21,162 shares in the last quarter. TrueMark Investments LLC bought a new position in shares of ProShares UltraPro Dow30 during the 2nd quarter valued at approximately $1,375,000. Tower Research Capital LLC TRC boosted its position in shares of ProShares UltraPro Dow30 by 39.2% during the 2nd quarter. Tower Research Capital LLC TRC now owns 38,652 shares of the company’s stock valued at $3,650,000 after acquiring an additional 10,877 shares during the last quarter. Finally, Simplex Trading LLC grew its holdings in shares of ProShares UltraPro Dow30 by 237.8% in the second quarter. Simplex Trading LLC now owns 9,991 shares of the company’s stock valued at $943,000 after purchasing an additional 7,033 shares in the last quarter.

ProShares UltraPro Dow30 Stock Performance

Shares of UDOW opened at $64.65 on Tuesday. The stock has a market capitalization of $811.36 million, a PE ratio of 20.47 and a beta of 2.79. The company’s fifty day moving average is $60.34 and its 200 day moving average is $55.20. ProShares UltraPro Dow30 has a fifty-two week low of $28.45 and a fifty-two week high of $65.01.

ProShares UltraPro Dow30 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.