ProShares Ultra Bloomberg Crude Oil (NYSEARCA:UCO) Stock Holdings Cut by Means Investment CO. Inc.

Means Investment CO. Inc. decreased its position in ProShares Ultra Bloomberg Crude Oil (NYSEARCA:UCO) by 5.0% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 12,019 shares of the exchange traded fund’s stock after selling 630 shares during the period. Means Investment CO. Inc.’s holdings in ProShares Ultra Bloomberg Crude Oil were worth $331,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. JPMorgan Chase & Co. lifted its stake in ProShares Ultra Bloomberg Crude Oil by 50.5% during the third quarter. JPMorgan Chase & Co. now owns 12,890 shares of the exchange traded fund’s stock valued at $328,000 after purchasing an additional 4,323 shares during the last quarter. IHT Wealth Management LLC acquired a new stake in ProShares Ultra Bloomberg Crude Oil during the 3rd quarter valued at $376,000. Baker Avenue Asset Management LP acquired a new stake in shares of ProShares Ultra Bloomberg Crude Oil in the third quarter worth $636,000. X Square Capital LLC purchased a new position in shares of ProShares Ultra Bloomberg Crude Oil during the third quarter valued at $902,000. Finally, SG Americas Securities LLC raised its position in ProShares Ultra Bloomberg Crude Oil by 27.0% during the fourth quarter. SG Americas Securities LLC now owns 5,240 shares of the exchange traded fund’s stock valued at $144,000 after buying an additional 1,114 shares during the period.

ProShares Ultra Bloomberg Crude Oil Stock Performance

Shares of NYSEARCA UCO opened at $28.14 on Monday. ProShares Ultra Bloomberg Crude Oil has a one year low of $22.88 and a one year high of $36.51. The business has a 50-day moving average price of $27.47 and a two-hundred day moving average price of $27.59.

ProShares Ultra Bloomberg Crude Oil Company Profile

ProShares Ultra DJ-UBS Crude Oil seeks daily investment results that correspond to twice (200%) the daily performance of the Dow Jones UBS Crude Oil Sub-Index. The Dow Jones-UBS Crude Oil Sub-Index is intended to reflect the performance of crude oil as measured by the price of futures contracts of sweet, light crude oil traded on the New York Mercantile Exchange (the NYMEX), including roll costs, without regard to income earned on cash positions.