IMC Chicago LLC grew its stake in shares of ProShares Ultra Gold (NYSEARCA:UGL – Free Report) by 36.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 59,158 shares of the company’s stock after purchasing an additional 15,707 shares during the period. IMC Chicago LLC owned about 0.32% of ProShares Ultra Gold worth $3,284,000 as of its most recent SEC filing.
Several other hedge funds have also modified their holdings of the stock. Ausdal Financial Partners Inc. lifted its holdings in shares of ProShares Ultra Gold by 3.3% during the third quarter. Ausdal Financial Partners Inc. now owns 7,100 shares of the company’s stock valued at $327,000 after purchasing an additional 230 shares during the last quarter. Strategic Advocates LLC purchased a new stake in ProShares Ultra Gold in the 3rd quarter worth about $29,000. Group One Trading LLC lifted its stake in ProShares Ultra Gold by 711.7% in the 2nd quarter. Group One Trading LLC now owns 2,573 shares of the company’s stock worth $89,000 after acquiring an additional 2,256 shares in the last quarter. Jones Financial Companies Lllp lifted its stake in ProShares Ultra Gold by 1,665.3% in the 1st quarter. Jones Financial Companies Lllp now owns 2,648 shares of the company’s stock worth $341,000 after acquiring an additional 2,498 shares in the last quarter. Finally, MGO One Seven LLC lifted its stake in ProShares Ultra Gold by 34.0% in the 3rd quarter. MGO One Seven LLC now owns 19,688 shares of the company’s stock worth $907,000 after acquiring an additional 4,994 shares in the last quarter.
Trending Headlines about ProShares Ultra Gold
Here are the key news stories impacting ProShares Ultra Gold this week:
- Positive Sentiment: Disappointing ISM data pushed safe‑haven flows into gold intraday, providing short‑term support for bullion and leveraged gold exposure. Gold prices trading near session highs following disappointing ISM data
- Positive Sentiment: Weak GDP/earlier lower yields spurred dip‑buying in gold, a tailwind for UGL if risk‑off sentiment persists. Gold News: Gold Price Rebounds as Weak GDP and Lower Yields Support Bounce
- Positive Sentiment: Bank of America reiterates an extremely bullish long‑term gold target (headline $6,000/oz), which supports the narrative for prolonged gold upside and benefits leveraged plays over time. Bank of America stands firm on 12-month $6,000 gold target
- Neutral Sentiment: Gold is consolidating as Treasury yields near ~4.40% and the Fed outlook caps rallies; that suggests rangebound trading unless a strong macro surprise hits. Gold Price Consolidating as Yields Cap Rally
- Neutral Sentiment: Technical setups show stabilization at key Fib levels, meaning traders may await clearer breakout or breakdown signals before committing — UGL could chop around accordingly. Gold (XAUUSD) & Silver Price Forecast: $4,532 Holds – Is Gold’s Road to $4,800 Now Open?
- Negative Sentiment: Multiple technical analyses warn a bearish structure and resistance at key moving averages — upside looks capped, implying downside risk for leveraged gold exposure. Gold (XAU/USD) Price Forecast: Bearish Structure Persists Amid Key Resistance Zones
- Negative Sentiment: Higher oil and inflation fears are keeping rate‑cut expectations at bay; rising yields are the primary headwind for gold and thus for UGL. Gold and Silver Technical Analysis: Oil Shock Keeps Metals Under Pressure
- Negative Sentiment: Macro and geopolitical dynamics (stalled diplomacy, Fed delay on easing) are cited as ongoing pressure on gold; that broad macro backdrop explains the softer UGL trade. Gold Steady But Stagnation of Diplomacy in Middle East Weighs
- Negative Sentiment: Weekly roundup: gold dropped as rates rose — if yields continue trending up, leveraged long gold products like UGL will underperform. Gold Weekly Price Analysis – Gold Drops for the Week with Rates Rising
ProShares Ultra Gold Price Performance
About ProShares Ultra Gold
ProShares Ultra Gold (the Fund) seeks daily investment results that correspond to twice (200%) the daily performance. The Fund generally invests in financial instruments as a substitute for investing directly in a commodity or currency in order to gain exposure to the commodity index, commodity or currency. The Funds may purchase United States Treasury Bills, agency securities, and other high-credit quality short-term fixed income or similar securities with original maturities of one year or less.
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