T3 Companies LLC Takes Position in ProShares UltraPro S&P 500 $UPRO

T3 Companies LLC bought a new stake in ProShares UltraPro S&P 500 (NYSEARCA:UPRO) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 4,268 shares of the company’s stock, valued at approximately $494,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Farther Finance Advisors LLC increased its position in ProShares UltraPro S&P 500 by 4.6% during the 4th quarter. Farther Finance Advisors LLC now owns 3,193 shares of the company’s stock worth $370,000 after purchasing an additional 141 shares in the last quarter. O Shaughnessy Asset Management LLC acquired a new position in ProShares UltraPro S&P 500 during the 4th quarter worth approximately $28,000. World Investment Advisors increased its position in ProShares UltraPro S&P 500 by 3.1% during the 4th quarter. World Investment Advisors now owns 9,179 shares of the company’s stock worth $1,031,000 after purchasing an additional 274 shares in the last quarter. Koshinski Asset Management Inc. increased its position in ProShares UltraPro S&P 500 by 5.7% during the 3rd quarter. Koshinski Asset Management Inc. now owns 5,841 shares of the company’s stock worth $651,000 after purchasing an additional 316 shares in the last quarter. Finally, Optiver Holding B.V. acquired a new position in ProShares UltraPro S&P 500 during the 3rd quarter worth approximately $37,000.

ProShares UltraPro S&P 500 Price Performance

UPRO stock opened at $130.69 on Thursday. The company has a 50 day simple moving average of $129.60 and a 200 day simple moving average of $119.67. The stock has a market cap of $4.77 billion, a price-to-earnings ratio of 28.62 and a beta of 3.02. ProShares UltraPro S&P 500 has a 1 year low of $80.82 and a 1 year high of $151.41.

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.