Stone House Investment Management LLC Sells 3,929 Shares of ProShares UltraPro S&P 500 (NYSEARCA:UPRO)

Stone House Investment Management LLC trimmed its holdings in ProShares UltraPro S&P 500 (NYSEARCA:UPRO) by 22.7% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 13,386 shares of the company’s stock after selling 3,929 shares during the quarter. ProShares UltraPro S&P 500 comprises 0.3% of Stone House Investment Management LLC’s portfolio, making the stock its 28th biggest holding. Stone House Investment Management LLC’s holdings in ProShares UltraPro S&P 500 were worth $733,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Rise Advisors LLC raised 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 valued at $39,000 after buying an additional 201 shares during the last quarter. Citigroup Inc. acquired a new stake in ProShares UltraPro S&P 500 in the first quarter worth about $45,000. Royal Bank of Canada acquired a new stake in ProShares UltraPro S&P 500 in the first quarter worth about $51,000. Cary Street Partners Investment Advisory LLC increased its position in ProShares UltraPro S&P 500 by 252.1% in the third quarter. Cary Street Partners Investment Advisory LLC now owns 2,465 shares of the company’s stock worth $101,000 after purchasing an additional 1,765 shares during the period. Finally, CENTRAL TRUST Co acquired a new stake in ProShares UltraPro S&P 500 in the fourth quarter worth about $111,000.

ProShares UltraPro S&P 500 Price Performance

UPRO stock traded down $1.06 during midday trading on Wednesday, reaching $61.31. The stock had a trading volume of 8,402,087 shares, compared to its average volume of 6,847,352. The business has a fifty day simple moving average of $66.01 and a two-hundred day simple moving average of $54.97. ProShares UltraPro S&P 500 has a twelve month low of $35.57 and a twelve month high of $71.16.

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.