Encompass More Asset Management reduced its stake in shares of ProShares UltraPro Dow30 (NYSEARCA:UDOW – Free Report) by 5.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 6,040 shares of the company’s stock after selling 362 shares during the period. Encompass More Asset Management’s holdings in ProShares UltraPro Dow30 were worth $571,000 at the end of the most recent quarter.
A number of other large investors have also recently made changes to their positions in UDOW. Quadrature Capital Ltd purchased a new stake in ProShares UltraPro Dow30 during the 3rd quarter valued at about $4,561,000. Squarepoint Ops LLC boosted its holdings in ProShares UltraPro Dow30 by 132.4% in the second quarter. Squarepoint Ops LLC now owns 61,363 shares of the company’s stock valued at $4,823,000 after purchasing an additional 34,960 shares during the last quarter. Koshinski Asset Management Inc. purchased a new position in shares of ProShares UltraPro Dow30 during the 3rd quarter valued at about $1,043,000. Innova Wealth Partners acquired a new stake in ProShares UltraPro Dow30 during the fourth quarter worth about $534,000. Finally, Discipline Wealth Solutions LLC purchased a new position in ProShares UltraPro Dow30 during the third quarter valued at approximately $431,000.
ProShares UltraPro Dow30 Stock Performance
ProShares UltraPro Dow30 stock opened at $107.26 on Friday. The stock’s 50 day simple moving average is $101.88 and its two-hundred day simple moving average is $94.72. ProShares UltraPro Dow30 has a 12 month low of $71.43 and a 12 month high of $113.78.
About ProShares UltraPro Dow30
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.
See Also
- Five stocks we like better than ProShares UltraPro Dow30
- Are These Liquid Natural Gas Stocks Ready For An Upside Bounce?
- Why Energy Transfer Stock Could Soar to New Highs in 2025
- What is diluted earnings per share (Diluted EPS)?
- 3 Buy-and-Hold Stocks for Long-Term Growth
- How to Capture the Benefits of Dividend Increases
- Despite Short-Term Risks Freeport McMoran Worth a Look
Want to see what other hedge funds are holding UDOW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ProShares UltraPro Dow30 (NYSEARCA:UDOW – Free Report).
Receive News & Ratings for ProShares UltraPro Dow30 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares UltraPro Dow30 and related companies with MarketBeat.com's FREE daily email newsletter.
