Koshinski Asset Management Inc. Buys New Position in ProShares UltraPro Dow30 (NYSEARCA:UDOW)

Koshinski Asset Management Inc. bought a new stake in ProShares UltraPro Dow30 (NYSEARCA:UDOW) in the third quarter, Holdings Channel reports. The fund bought 10,852 shares of the company’s stock, valued at approximately $1,043,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. BNP Paribas Financial Markets bought a new position in ProShares UltraPro Dow30 in the 1st quarter valued at about $655,000. Larson Financial Group LLC bought a new position in shares of ProShares UltraPro Dow30 during the 2nd quarter valued at about $29,000. Ashton Thomas Private Wealth LLC boosted its position in shares of ProShares UltraPro Dow30 by 22.0% during the 2nd quarter. Ashton Thomas Private Wealth LLC now owns 70,988 shares of the company’s stock valued at $5,580,000 after purchasing an additional 12,817 shares in the last quarter. PNC Financial Services Group Inc. bought a new position in shares of ProShares UltraPro Dow30 during the 4th quarter valued at about $108,000. Finally, Edgestream Partners L.P. bought a new position in shares of ProShares UltraPro Dow30 during the 2nd quarter valued at about $272,000.

ProShares UltraPro Dow30 Stock Performance

NYSEARCA:UDOW opened at $99.34 on Monday. ProShares UltraPro Dow30 has a twelve month low of $47.72 and a twelve month high of $99.61. The company has a 50-day moving average of $89.32 and a 200-day moving average of $83.08.

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.