Axxcess Wealth Management LLC Buys 24,606 Shares of ProShares UltraPro S&P 500 $UPRO

Axxcess Wealth Management LLC boosted its position in ProShares UltraPro S&P 500 (NYSEARCA:UPRO) by 13.5% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 207,520 shares of the company’s stock after buying an additional 24,606 shares during the period. Axxcess Wealth Management LLC’s holdings in ProShares UltraPro S&P 500 were worth $23,136,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of UPRO. Encompass More Asset Management lifted its holdings in shares of ProShares UltraPro S&P 500 by 190.6% in the 3rd quarter. Encompass More Asset Management now owns 33,061 shares of the company’s stock worth $3,686,000 after purchasing an additional 21,686 shares in the last quarter. Diversified Trust Co acquired a new position in ProShares UltraPro S&P 500 during the third quarter worth $5,574,000. HC Advisors LLC acquired a new position in ProShares UltraPro S&P 500 during the second quarter worth $245,000. Surience Private Wealth LLC bought a new position in shares of ProShares UltraPro S&P 500 in the third quarter valued at $903,000. Finally, Legacy Wealth Managment LLC ID acquired a new position in shares of ProShares UltraPro S&P 500 during the second quarter valued at about $64,000.

ProShares UltraPro S&P 500 Price Performance

NYSEARCA:UPRO opened at $114.06 on Wednesday. ProShares UltraPro S&P 500 has a one year low of $45.88 and a one year high of $122.85. The company has a market cap of $4.49 billion, a PE ratio of 28.62 and a beta of 3.03. The firm has a 50-day moving average of $117.99 and a 200-day moving average of $112.13.

ProShares UltraPro S&P 500 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.