Millington Financial Advisors LLC Buys 3,185 Shares of ProShares UltraPro S&P 500 (NYSEARCA:UPRO)

Millington Financial Advisors LLC grew its stake in shares of ProShares UltraPro S&P 500 (NYSEARCA:UPRO) by 9.6% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 36,359 shares of the company’s stock after acquiring an additional 3,185 shares during the period. ProShares UltraPro S&P 500 comprises approximately 1.9% of Millington Financial Advisors LLC’s investment portfolio, making the stock its 16th biggest holding. Millington Financial Advisors LLC’s holdings in ProShares UltraPro S&P 500 were worth $2,794,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Mark Sheptoff Financial Planning LLC bought a new stake in ProShares UltraPro S&P 500 during the 4th quarter valued at $25,000. ORG Partners LLC purchased a new position in shares of ProShares UltraPro S&P 500 during the second quarter valued at $84,000. PNC Financial Services Group Inc. bought a new stake in shares of ProShares UltraPro S&P 500 in the fourth quarter valued at about $103,000. Capital Investment Counsel Inc lifted its stake in ProShares UltraPro S&P 500 by 440.0% in the fourth quarter. Capital Investment Counsel Inc now owns 2,700 shares of the company’s stock worth $148,000 after acquiring an additional 2,200 shares during the period. Finally, Strategic Blueprint LLC bought a new position in ProShares UltraPro S&P 500 during the 1st quarter worth about $219,000.

ProShares UltraPro S&P 500 Trading Up 2.7 %

Shares of NYSEARCA:UPRO traded up $2.14 during trading hours on Friday, hitting $82.17. The company’s stock had a trading volume of 4,131,390 shares, compared to its average volume of 5,628,012. ProShares UltraPro S&P 500 has a 52 week low of $35.57 and a 52 week high of $85.48. The firm’s fifty day moving average price is $77.65 and its 200 day moving average price is $71.25.

ProShares UltraPro S&P 500 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.