GR Financial Group LLC Takes $280,000 Position in ProShares UltraPro S&P 500 $UPRO

GR Financial Group LLC acquired a new position in shares of ProShares UltraPro S&P 500 (NYSEARCA:UPRO) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 3,059 shares of the company’s stock, valued at approximately $280,000. ProShares UltraPro S&P 500 accounts for 0.1% of GR Financial Group LLC’s portfolio, making the stock its 21st largest position.

Several other institutional investors have also added to or reduced their stakes in UPRO. Ellis Investment Partners LLC increased its holdings in ProShares UltraPro S&P 500 by 5.1% during the 2nd quarter. Ellis Investment Partners LLC now owns 10,205 shares of the company’s stock worth $933,000 after purchasing an additional 498 shares in the last quarter. Silverleafe Capital Partners LLC boosted its position in shares of ProShares UltraPro S&P 500 by 85.1% during the second quarter. Silverleafe Capital Partners LLC now owns 5,847 shares of the company’s stock worth $535,000 after buying an additional 2,688 shares during the period. Flow Traders U.S. LLC acquired a new position in shares of ProShares UltraPro S&P 500 during the first quarter worth about $3,714,000. Axxcess Wealth Management LLC grew its holdings in shares of ProShares UltraPro S&P 500 by 2,778.3% during the second quarter. Axxcess Wealth Management LLC now owns 182,914 shares of the company’s stock worth $16,726,000 after buying an additional 176,559 shares in the last quarter. Finally, HC Advisors LLC acquired a new stake in ProShares UltraPro S&P 500 in the 2nd quarter valued at approximately $245,000.

ProShares UltraPro S&P 500 Stock Performance

NYSEARCA UPRO opened at $112.08 on Monday. ProShares UltraPro S&P 500 has a 52 week low of $45.88 and a 52 week high of $122.19. The stock’s 50 day moving average price is $111.98 and its two-hundred day moving average price is $97.49. The stock has a market capitalization of $4.80 billion, a price-to-earnings ratio of 28.62 and a beta of 3.03.

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.