Encompass More Asset Management trimmed its holdings in ProShares UltraPro Dow30 (NYSEARCA:UDOW – Free Report) by 5.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 6,040 shares of the company’s stock after selling 362 shares during the quarter. Encompass More Asset Management owned approximately 0.08% of ProShares UltraPro Dow30 worth $571,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently modified their holdings of UDOW. Hollencrest Capital Management increased its stake in ProShares UltraPro Dow30 by 136.0% in the third quarter. Hollencrest Capital Management now owns 295 shares of the company’s stock worth $28,000 after purchasing an additional 170 shares during the period. Farther Finance Advisors LLC increased its stake in ProShares UltraPro Dow30 by 216.7% in the 3rd quarter. Farther Finance Advisors LLC now owns 950 shares of the company’s stock worth $91,000 after buying an additional 650 shares during the period. JPMorgan Chase & Co. bought a new stake in ProShares UltraPro Dow30 during the 3rd quarter valued at about $179,000. Smith Chas P & Associates PA Cpas purchased a new stake in ProShares UltraPro Dow30 in the 3rd quarter valued at about $240,000. Finally, Larson Financial Group LLC boosted its position in ProShares UltraPro Dow30 by 1,096.4% in the 3rd quarter. Larson Financial Group LLC now owns 4,367 shares of the company’s stock valued at $420,000 after buying an additional 4,002 shares during the period.
ProShares UltraPro Dow30 Price Performance
Shares of NYSEARCA:UDOW opened at $107.26 on Friday. The business’s 50 day moving average is $101.88 and its 200 day moving average is $94.72. ProShares UltraPro Dow30 has a 52-week low of $71.43 and a 52-week high of $113.78.
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.
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