IMC Chicago LLC Has $2 Million Position in ProShares Ultra Gold $UGL

IMC Chicago LLC cut its holdings in shares of ProShares Ultra Gold (NYSEARCA:UGL) by 84.8% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 43,451 shares of the company’s stock after selling 243,180 shares during the quarter. IMC Chicago LLC’s holdings in ProShares Ultra Gold were worth $2,001,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the business. Global Assets Advisory LLC acquired a new position in ProShares Ultra Gold during the third quarter valued at approximately $548,000. Rothschild Investment LLC raised its stake in shares of ProShares Ultra Gold by 300.0% during the 2nd quarter. Rothschild Investment LLC now owns 3,000 shares of the company’s stock worth $104,000 after purchasing an additional 2,250 shares in the last quarter. China Universal Asset Management Co. Ltd. boosted its holdings in shares of ProShares Ultra Gold by 126.7% in the 2nd quarter. China Universal Asset Management Co. Ltd. now owns 62,800 shares of the company’s stock valued at $2,177,000 after buying an additional 35,100 shares during the last quarter. MGO One Seven LLC boosted its holdings in shares of ProShares Ultra Gold by 152.8% in the 2nd quarter. MGO One Seven LLC now owns 14,694 shares of the company’s stock valued at $509,000 after buying an additional 8,881 shares during the last quarter. Finally, EverSource Wealth Advisors LLC grew its stake in shares of ProShares Ultra Gold by 195.4% in the second quarter. EverSource Wealth Advisors LLC now owns 36,000 shares of the company’s stock valued at $1,248,000 after buying an additional 23,813 shares in the last quarter.

ProShares Ultra Gold Stock Up 6.1%

NYSEARCA UGL opened at $70.63 on Friday. The firm’s fifty day moving average price is $61.87 and its two-hundred day moving average price is $50.21. ProShares Ultra Gold has a 1 year low of $26.59 and a 1 year high of $90.40.

Key Headlines Impacting ProShares Ultra Gold

Here are the key news stories impacting ProShares Ultra Gold this week:

• Positive Sentiment: Bullish technical reversal signs: gold reclaimed the 20‑day moving average, bounced off a key Fibonacci retracement and formed bullish daily/weekly patterns — a direct technical trigger for buyers. Article Title
• Positive Sentiment: Lower U.S. yields and safe‑haven flows provided bid support for gold, helping stem the recent selloff and encouraging dip‑buyers. That macro move supports leveraged longs like UGL. Article Title
• Positive Sentiment: ETF investor resilience: the World Gold Council notes ETF holders weren’t broadly deterred by the recent price swings, which reduces outflow risk for gold‑linked funds and supports demand for instruments that track gold. Article Title
• Positive Sentiment: Macro bullish commentary: major banks and investors (e.g., CIBC forecasts and coverage of Ray Dalio’s gold view) are reiterating sizable allocations to gold as a hedge, supporting longer‑term flows into gold exposure. Article Title
• Neutral Sentiment: Momentum context: UGL’s price is above its 50‑day moving average (50d > 200d), indicating positive medium‑term momentum, but the market remains choppy — good for intraday traders but caution for buy‑and‑hold leveraged exposure.
• Neutral Sentiment: Analysts flag continued volatility: technical resistance and profit‑taking patterns mean rallies could be tested — traders are watching key support/resistance levels. Article Title
• Negative Sentiment: Cross‑market stress: silver’s sharp deleveraging and a cryptocurrency selloff earlier pressured precious metals and can cap upside; margin moves in related markets could add short‑term downside risk for gold and therefore UGL. Article Title
• Negative Sentiment: Spillover from crypto and equity weakness previously pushed gold lower, showing correlations can amplify selloffs in leveraged gold ETFs like UGL. Article Title

ProShares Ultra Gold Profile

ProShares Ultra Gold (the Fund) seeks daily investment results that correspond to twice (200%) the daily performance. The Fund generally invests in financial instruments as a substitute for investing directly in a commodity or currency in order to gain exposure to the commodity index, commodity or currency. The Funds may purchase United States Treasury Bills, agency securities, and other high-credit quality short-term fixed income or similar securities with original maturities of one year or less.