Discipline Wealth Solutions LLC Makes New Investment in ProShares Ultra Dow30 (NYSEARCA:DDM)

Discipline Wealth Solutions LLC purchased a new stake in ProShares Ultra Dow30 (NYSEARCA:DDM) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 5,937 shares of the company’s stock, valued at approximately $567,000.

A number of other large investors have also made changes to their positions in DDM. CPR Investments Inc. boosted its holdings in shares of ProShares Ultra Dow30 by 41.3% in the second quarter. CPR Investments Inc. now owns 50,563 shares of the company’s stock valued at $4,195,000 after buying an additional 14,788 shares during the period. International Assets Investment Management LLC lifted its position in ProShares Ultra Dow30 by 9,457.9% in the 3rd quarter. International Assets Investment Management LLC now owns 10,227 shares of the company’s stock valued at $977,000 after acquiring an additional 10,120 shares in the last quarter. Plotkin Financial Advisors LLC acquired a new position in ProShares Ultra Dow30 in the 3rd quarter worth $874,000. Safe Harbor Fiduciary LLC acquired a new stake in shares of ProShares Ultra Dow30 in the 3rd quarter valued at about $612,000. Finally, Belvedere Trading LLC bought a new stake in shares of ProShares Ultra Dow30 in the third quarter valued at about $387,000.

ProShares Ultra Dow30 Stock Performance

NYSEARCA:DDM opened at $103.73 on Wednesday. The stock has a 50-day simple moving average of $99.61 and a 200 day simple moving average of $91.39. ProShares Ultra Dow30 has a 52-week low of $73.69 and a 52-week high of $107.60. The company has a market cap of $508.28 million, a PE ratio of 18.43 and a beta of 1.48.

About ProShares Ultra Dow30

The ProShares Ultra Dow30 (DDM) is an exchange-traded fund that is based on the Dow Jones Industrial Average index. The fund provides 2x leveraged exposure to the price-weighted Dow Jones Industrial Average, which includes 30 of the largest and most stable US companies. DDM was launched on Jun 19, 2006 and is managed by ProShares.