LM Advisors LLC Sells 4,588 Shares of ProShares UltraPro S&P 500 $UPRO

LM Advisors LLC reduced its position in shares of ProShares UltraPro S&P 500 (NYSEARCA:UPRO) by 87.4% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 662 shares of the company’s stock after selling 4,588 shares during the quarter. LM Advisors LLC’s holdings in ProShares UltraPro S&P 500 were worth $77,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the company. Turner Capital Investments LLC bought a new stake in shares of ProShares UltraPro S&P 500 during the 4th quarter valued at about $60,838,000. Assetmark Inc. grew its stake in shares of ProShares UltraPro S&P 500 by 7,052.2% during the 3rd quarter. Assetmark Inc. now owns 210,489 shares of the company’s stock valued at $23,467,000 after purchasing an additional 207,546 shares during the period. Axxcess Wealth Management LLC grew its stake in shares of ProShares UltraPro S&P 500 by 13.5% during the 3rd quarter. Axxcess Wealth Management LLC now owns 207,520 shares of the company’s stock valued at $23,136,000 after purchasing an additional 24,606 shares during the period. BXM Wealth LLC bought a new stake in shares of ProShares UltraPro S&P 500 during the 4th quarter valued at about $23,340,000. Finally, Revere Asset Management Inc grew its stake in shares of ProShares UltraPro S&P 500 by 8.6% during the 4th quarter. Revere Asset Management Inc now owns 197,317 shares of the company’s stock valued at $22,841,000 after purchasing an additional 15,655 shares during the period.

ProShares UltraPro S&P 500 Stock Up 1.5%

ProShares UltraPro S&P 500 stock opened at $139.41 on Friday. The business has a 50-day simple moving average of $131.21 and a two-hundred day simple moving average of $120.03. The company has a market cap of $5.09 billion, a P/E ratio of 28.62 and a beta of 3.02. ProShares UltraPro S&P 500 has a 52-week low of $80.82 and a 52-week high of $151.41.

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.