ProShares UltraPro S&P 500 (NYSEARCA:UPRO) Sets New 52-Week High at $79.43

ProShares UltraPro S&P 500 (NYSEARCA:UPRO)’s share price reached a new 52-week high on Friday . The company traded as high as $79.43 and last traded at $79.15, with a volume of 1531303 shares changing hands. The stock had previously closed at $77.82.

ProShares UltraPro S&P 500 Stock Down 1.3 %

The business’s 50 day moving average is $70.63 and its two-hundred day moving average is $64.57.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Rise Advisors LLC increased its holdings in shares of ProShares UltraPro S&P 500 by 39.4% in the fourth quarter. Rise Advisors LLC now owns 711 shares of the company’s stock worth $39,000 after purchasing an additional 201 shares during the period. Mark Sheptoff Financial Planning LLC bought a new position in shares of ProShares UltraPro S&P 500 in the fourth quarter worth $25,000. Great Oak Capital Partners LLC increased its holdings in shares of ProShares UltraPro S&P 500 by 16.3% in the first quarter. Great Oak Capital Partners LLC now owns 4,536 shares of the company’s stock worth $320,000 after purchasing an additional 635 shares during the period. Millington Financial Advisors LLC increased its holdings in shares of ProShares UltraPro S&P 500 by 3.2% in the fourth quarter. Millington Financial Advisors LLC now owns 28,410 shares of the company’s stock worth $1,555,000 after purchasing an additional 891 shares during the period. Finally, MPS Loria Financial Planners LLC increased its holdings in shares of ProShares UltraPro S&P 500 by 20.5% in the fourth quarter. MPS Loria Financial Planners LLC now owns 5,927 shares of the company’s stock worth $324,000 after purchasing an additional 1,009 shares during the period.

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.