Coppell Advisory Solutions LLC Has $51,000 Position in ProShares Ultra Health Care (NYSEARCA:RXL)

Coppell Advisory Solutions LLC grew its position in ProShares Ultra Health Care (NYSEARCA:RXL) by 100.0% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,156 shares of the company’s stock after purchasing an additional 578 shares during the period. Coppell Advisory Solutions LLC owned about 0.13% of ProShares Ultra Health Care worth $51,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Toth Financial Advisory Corp raised its holdings in ProShares Ultra Health Care by 100.0% during the 4th quarter. Toth Financial Advisory Corp now owns 8,640 shares of the company’s stock worth $380,000 after buying an additional 4,320 shares during the period. Jane Street Group LLC bought a new stake in shares of ProShares Ultra Health Care during the third quarter worth $364,000. IMC Chicago LLC raised its holdings in shares of ProShares Ultra Health Care by 13.2% during the fourth quarter. IMC Chicago LLC now owns 13,546 shares of the company’s stock worth $596,000 after acquiring an additional 1,581 shares during the period. Capital Investment Advisory Services LLC lifted its position in ProShares Ultra Health Care by 101.0% in the 4th quarter. Capital Investment Advisory Services LLC now owns 2,251 shares of the company’s stock valued at $99,000 after acquiring an additional 1,131 shares in the last quarter. Finally, Bartlett & CO. Wealth Management LLC boosted its stake in ProShares Ultra Health Care by 100.0% in the 4th quarter. Bartlett & CO. Wealth Management LLC now owns 1,824 shares of the company’s stock worth $80,000 after purchasing an additional 912 shares during the period.

ProShares Ultra Health Care Price Performance

RXL opened at $43.25 on Friday. The company has a market capitalization of $73.53 million, a price-to-earnings ratio of 26.27 and a beta of 1.43. The business’s 50-day moving average price is $46.78 and its two-hundred day moving average price is $48.50. ProShares Ultra Health Care has a 1 year low of $38.39 and a 1 year high of $58.74.

ProShares Ultra Health Care Profile

ProShares Ultra Health Care (the Fund) seeks daily investment results that correspond to twice (200%) the daily performance of the Dow Jones U.S. Health Care 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.