ProShares Ultra Bloomberg Crude Oil (NYSEARCA:UCO) Shares Acquired by SG Americas Securities LLC

SG Americas Securities LLC boosted its holdings in ProShares Ultra Bloomberg Crude Oil (NYSEARCA:UCO) by 27.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,240 shares of the exchange traded fund’s stock after purchasing an additional 1,114 shares during the quarter. SG Americas Securities LLC’s holdings in ProShares Ultra Bloomberg Crude Oil were worth $144,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the business. X Square Capital LLC acquired a new stake in shares of ProShares Ultra Bloomberg Crude Oil during the 3rd quarter worth approximately $902,000. Farther Finance Advisors LLC acquired a new stake in ProShares Ultra Bloomberg Crude Oil in the third quarter worth $25,000. Baker Avenue Asset Management LP acquired a new stake in ProShares Ultra Bloomberg Crude Oil in the third quarter worth $636,000. IHT Wealth Management LLC bought a new stake in ProShares Ultra Bloomberg Crude Oil in the third quarter valued at $376,000. Finally, JPMorgan Chase & Co. boosted its stake in ProShares Ultra Bloomberg Crude Oil by 50.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 12,890 shares of the exchange traded fund’s stock valued at $328,000 after purchasing an additional 4,323 shares during the period.

ProShares Ultra Bloomberg Crude Oil Price Performance

Shares of UCO stock opened at $28.30 on Tuesday. ProShares Ultra Bloomberg Crude Oil has a 12-month low of $22.88 and a 12-month high of $36.51. The business has a 50 day simple moving average of $27.73 and a 200 day simple moving average of $27.43.

About ProShares Ultra Bloomberg Crude Oil

ProShares Ultra DJ-UBS Crude Oil seeks daily investment results that correspond to twice (200%) the daily performance of the Dow Jones UBS Crude Oil Sub-Index. The Dow Jones-UBS Crude Oil Sub-Index is intended to reflect the performance of crude oil as measured by the price of futures contracts of sweet, light crude oil traded on the New York Mercantile Exchange (the NYMEX), including roll costs, without regard to income earned on cash positions.