Triton Wealth Management PLLC Has $281,000 Holdings in ProShares UltraPro S&P 500 (NYSEARCA:UPRO)

Triton Wealth Management PLLC cut its stake in ProShares UltraPro S&P 500 (NYSEARCA:UPRO) by 15.4% in the third quarter, Holdings Channel.com reports. The firm owned 3,345 shares of the company’s stock after selling 607 shares during the quarter. Triton Wealth Management PLLC’s holdings in ProShares UltraPro S&P 500 were worth $281,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in UPRO. ORG Partners LLC acquired a new position in shares of ProShares UltraPro S&P 500 during the 2nd quarter worth about $84,000. Traynor Capital Management Inc. acquired a new position in shares of ProShares UltraPro S&P 500 during the 1st quarter worth about $243,000. Commonwealth Equity Services LLC boosted its stake in shares of ProShares UltraPro S&P 500 by 14.2% during the 1st quarter. Commonwealth Equity Services LLC now owns 8,264 shares of the company’s stock worth $583,000 after buying an additional 1,025 shares during the last quarter. Edgestream Partners L.P. acquired a new position in shares of ProShares UltraPro S&P 500 during the 2nd quarter worth about $565,000. Finally, Axxcess Wealth Management LLC boosted its stake in shares of ProShares UltraPro S&P 500 by 603.2% during the 2nd quarter. Axxcess Wealth Management LLC now owns 57,540 shares of the company’s stock worth $4,421,000 after buying an additional 49,357 shares during the last quarter.

ProShares UltraPro S&P 500 Trading Up 2.6 %

Shares of ProShares UltraPro S&P 500 stock traded up $2.18 during trading hours on Friday, reaching $85.52. 4,977,751 shares of the company’s stock were exchanged, compared to its average volume of 5,472,713. The company has a 50 day moving average of $78.52 and a two-hundred day moving average of $74.13. ProShares UltraPro S&P 500 has a fifty-two week low of $35.57 and a fifty-two week high of $86.63.

ProShares UltraPro S&P 500 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.