Axxcess Wealth Management LLC Sells 51,212 Shares of ProShares UltraPro S&P 500 (NYSEARCA:UPRO)

Axxcess Wealth Management LLC lessened its holdings in shares of ProShares UltraPro S&P 500 (NYSEARCA:UPRO) by 89.0% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,328 shares of the company’s stock after selling 51,212 shares during the period. Axxcess Wealth Management LLC’s holdings in ProShares UltraPro S&P 500 were worth $545,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Ellis Investment Partners LLC grew its stake in shares of ProShares UltraPro S&P 500 by 1.5% during the 3rd quarter. Ellis Investment Partners LLC now owns 10,908 shares of the company’s stock valued at $940,000 after purchasing an additional 157 shares during the period. PFG Investments LLC grew its position in shares of ProShares UltraPro S&P 500 by 10.1% during the third quarter. PFG Investments LLC now owns 3,004 shares of the company’s stock worth $259,000 after purchasing an additional 276 shares in the last quarter. Erickson Financial Group LLC raised its stake in ProShares UltraPro S&P 500 by 5.0% during the 2nd quarter. Erickson Financial Group LLC now owns 6,971 shares of the company’s stock valued at $536,000 after purchasing an additional 335 shares during the period. ORG Wealth Partners LLC purchased a new stake in ProShares UltraPro S&P 500 during the 3rd quarter valued at approximately $54,000. Finally, Farther Finance Advisors LLC purchased a new position in shares of ProShares UltraPro S&P 500 in the third quarter worth $60,000.

ProShares UltraPro S&P 500 Stock Performance

NYSEARCA UPRO opened at $95.17 on Thursday. ProShares UltraPro S&P 500 has a 1-year low of $45.68 and a 1-year high of $96.66. The business has a 50 day simple moving average of $85.72 and a two-hundred day simple moving average of $78.59.

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.