IMC Chicago LLC Buys New Shares in ProShares Ultra Consumer Discretionary $UCC

IMC Chicago LLC purchased a new stake in ProShares Ultra Consumer Discretionary (NYSEARCA:UCC) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 34,672 shares of the company’s stock, valued at approximately $1,472,000. IMC Chicago LLC owned 0.12% of ProShares Ultra Consumer Discretionary at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Northwestern Mutual Wealth Management Co. acquired a new position in shares of ProShares Ultra Consumer Discretionary during the third quarter valued at about $87,000. Citadel Advisors LLC bought a new position in ProShares Ultra Consumer Discretionary during the third quarter valued at about $209,000. Osaic Holdings Inc. acquired a new position in ProShares Ultra Consumer Discretionary in the 2nd quarter valued at approximately $631,000. Finally, WealthCare Asset Management LLC bought a new stake in shares of ProShares Ultra Consumer Discretionary in the 4th quarter worth approximately $2,545,000.

ProShares Ultra Consumer Discretionary Trading Up 1.6%

Shares of NYSEARCA:UCC opened at $47.57 on Thursday. ProShares Ultra Consumer Discretionary has a 1-year low of $39.96 and a 1-year high of $56.96. The firm has a market capitalization of $10.47 million, a PE ratio of 29.58 and a beta of 2.23. The business’s 50 day moving average is $48.26 and its 200-day moving average is $48.87.

ProShares Ultra Consumer Discretionary Company Profile

ProShares Ultra Consumer Services (the Fund) seeks daily investment results that correspond to twice the daily performance of the Dow Jones United States Consumer Goods Index. The Dow Jones United States Consumer Goods Index measures the performance of consumer spending in the goods industry of the United States equity market. Component companies include automobiles and auto parts and tires, brewers and distillers, farming and fishing, durable and non-durable household product manufacturers, cosmetic companies, food and tobacco products, clothing accessories and footwear.