ProShares UltraPro S&P 500 (NYSEARCA:UPRO) Shares Sold by Ellis Investment Partners LLC

Ellis Investment Partners LLC lessened its position in ProShares UltraPro S&P 500 (NYSEARCA:UPRO) by 9.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,867 shares of the company’s stock after selling 1,041 shares during the period. Ellis Investment Partners LLC’s holdings in ProShares UltraPro S&P 500 were worth $875,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of UPRO. Wealth Alliance Advisory Group LLC grew its holdings in ProShares UltraPro S&P 500 by 60.4% during the 3rd quarter. Wealth Alliance Advisory Group LLC now owns 9,888 shares of the company’s stock valued at $852,000 after purchasing an additional 3,724 shares in the last quarter. PFG Investments LLC grew its holdings in ProShares UltraPro S&P 500 by 10.1% during the 3rd quarter. PFG Investments LLC now owns 3,004 shares of the company’s stock valued at $259,000 after purchasing an additional 276 shares in the last quarter. Strategic Blueprint LLC acquired a new stake in ProShares UltraPro S&P 500 during the 3rd quarter valued at $202,000. IMC Chicago LLC acquired a new stake in ProShares UltraPro S&P 500 during the 3rd quarter valued at $83,436,000. Finally, GR Financial Group LLC acquired a new stake in ProShares UltraPro S&P 500 during the 3rd quarter valued at $470,000.

ProShares UltraPro S&P 500 Stock Down 0.1 %

UPRO opened at $97.81 on Friday. The company has a fifty day simple moving average of $93.63 and a 200 day simple moving average of $87.86. ProShares UltraPro S&P 500 has a twelve month low of $58.74 and a twelve month high of $100.06.

About ProShares UltraPro S&P 500

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.