Jump Financial LLC Buys New Shares in ProShares UltraPro Dow30 (NYSEARCA:UDOW)

Jump Financial LLC purchased a new position in ProShares UltraPro Dow30 (NYSEARCA:UDOW) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm purchased 7,868 shares of the company’s stock, valued at approximately $744,000. Jump Financial LLC owned about 0.10% of ProShares UltraPro Dow30 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. EverSource Wealth Advisors LLC acquired a new stake in shares of ProShares UltraPro Dow30 during the 4th quarter valued at about $60,000. O Shaughnessy Asset Management LLC acquired a new stake in ProShares UltraPro Dow30 during the fourth quarter valued at approximately $74,000. SBI Securities Co. Ltd. bought a new stake in shares of ProShares UltraPro Dow30 in the 4th quarter valued at approximately $94,000. JPMorgan Chase & Co. bought a new stake in shares of ProShares UltraPro Dow30 in the 3rd quarter valued at approximately $179,000. Finally, Independent Advisor Alliance acquired a new position in shares of ProShares UltraPro Dow30 in the 4th quarter worth approximately $228,000.

ProShares UltraPro Dow30 Price Performance

Shares of UDOW stock opened at $68.16 on Wednesday. ProShares UltraPro Dow30 has a one year low of $56.90 and a one year high of $113.78. The stock’s fifty day simple moving average is $85.99 and its 200 day simple moving average is $96.32. The firm has a market cap of $558.91 million, a price-to-earnings ratio of 19.91 and a beta of 2.76.

ProShares UltraPro Dow30 Company Profile

ProShares UltraPro Dow30 seeks daily investment results, before fees and expenses, that correspond to triple (300%) the daily performance of the Dow Jones Industrial Average Index. The Fund invests in equity securities and derivatives that have similar daily performance characteristics as three times (300%) the daily return of the Index.