ProShares UltraPro S&P 500 (NYSEARCA:UPRO) Sets New 12-Month High – Here’s What Happened

Shares of ProShares UltraPro S&P 500 (NYSEARCA:UPRO) hit a new 52-week high during trading on Thursday . The company traded as high as $90.90 and last traded at $90.90, with a volume of 167971 shares changing hands. The stock had previously closed at $89.37.

ProShares UltraPro S&P 500 Price Performance

The stock’s 50-day simple moving average is $81.90 and its two-hundred day simple moving average is $75.38.

Institutional Investors Weigh In On ProShares UltraPro S&P 500

A number of institutional investors have recently bought and sold shares of UPRO. ORG Wealth Partners LLC bought a new position in shares of ProShares UltraPro S&P 500 in the third quarter worth about $54,000. ORG Partners LLC purchased a new position in ProShares UltraPro S&P 500 in the 2nd quarter worth approximately $84,000. Hantz Financial Services Inc. bought a new position in ProShares UltraPro S&P 500 in the 2nd quarter worth approximately $93,000. PNC Financial Services Group Inc. purchased a new stake in ProShares UltraPro S&P 500 during the 4th quarter valued at approximately $103,000. Finally, Koshinski Asset Management Inc. purchased a new stake in ProShares UltraPro S&P 500 during the 3rd quarter valued at approximately $222,000.

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.