Tower Research Capital LLC TRC trimmed its stake in ProShares Ultra Oil & Gas (NYSE:DIG) by 58.7% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 6,750 shares of the exchange traded fund’s stock after selling 9,590 shares during the quarter. Tower Research Capital LLC TRC’s holdings in ProShares Ultra Oil & Gas were worth $213,000 as of its most recent filing with the SEC.
Separately, Virtu KCG Holdings LLC acquired a new position in ProShares Ultra Oil & Gas during the second quarter valued at approximately $208,000.
Shares of ProShares Ultra Oil & Gas (NYSE DIG) traded down 0.23% on Wednesday, reaching $34.94. 9,908 shares of the company’s stock were exchanged. The firm’s 50 day moving average price is $32.60 and its 200-day moving average price is $33.14. ProShares Ultra Oil & Gas has a 12 month low of $28.35 and a 12 month high of $46.90.
The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 5th. Investors of record on Thursday, September 28th were issued a $0.2931 dividend. The ex-dividend date of this dividend was Wednesday, September 27th. This represents a $1.17 dividend on an annualized basis and a yield of 3.33%. This is an increase from ProShares Ultra Oil & Gas’s previous quarterly dividend of $0.13.
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ProShares Ultra Oil & Gas Profile
ProShares Ultra Oil & Gas (the fund) seeks daily investment results that correspond to twice (200%) the daily performance of the Dow Jones U.S. Oil & Gas Index (the Index). The Fund intends to invest at least 80% of its net assets, including any borrowings for investment purposes, under normal circumstances, to equity securities contained in the Index and/or financial instruments that, in combination, have similar economic characteristics.
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