Parisi Gray Wealth Management Acquires Shares of 1,228 ProShares Ultra Bloomberg Crude Oil (NYSEARCA:UCO)

Parisi Gray Wealth Management acquired a new stake in shares of ProShares Ultra Bloomberg Crude Oil (NYSEARCA:UCO) in the second quarter, HoldingsChannel.com reports. The firm acquired 1,228 shares of the exchange traded fund’s stock, valued at approximately $96,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. US Bancorp DE increased its stake in shares of ProShares Ultra Bloomberg Crude Oil by 38.9% in the second quarter. US Bancorp DE now owns 500 shares of the exchange traded fund’s stock valued at $39,000 after buying an additional 140 shares in the last quarter. Advisory Services Network LLC acquired a new stake in shares of ProShares Ultra Bloomberg Crude Oil in the second quarter valued at $130,000. Qube Research & Technologies Ltd acquired a new stake in ProShares Ultra Bloomberg Crude Oil in the second quarter worth about $176,000. Commonwealth Equity Services LLC acquired a new stake in ProShares Ultra Bloomberg Crude Oil in the second quarter worth about $227,000. Finally, Envestnet Asset Management Inc. acquired a new stake in ProShares Ultra Bloomberg Crude Oil in the second quarter worth about $231,000.

Shares of UCO stock opened at $95.85 on Thursday. The stock has a 50-day moving average price of $77.01 and a 200 day moving average price of $71.03. ProShares Ultra Bloomberg Crude Oil has a 12 month low of $21.73 and a 12 month high of $97.10.

ProShares Ultra Bloomberg Crude Oil Profile

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.

See Also: Hold Rating

Want to see what other hedge funds are holding UCO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ProShares Ultra Bloomberg Crude Oil (NYSEARCA:UCO).

Institutional Ownership by Quarter for ProShares Ultra Bloomberg Crude Oil (NYSEARCA:UCO)

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