Axxcess Wealth Management LLC Purchases 49,357 Shares of ProShares UltraPro S&P 500 (NYSEARCA:UPRO)

Axxcess Wealth Management LLC boosted its holdings in shares of ProShares UltraPro S&P 500 (NYSEARCA:UPRO) by 603.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 57,540 shares of the company’s stock after acquiring an additional 49,357 shares during the period. Axxcess Wealth Management LLC owned approximately 0.12% of ProShares UltraPro S&P 500 worth $4,421,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Corient Private Wealth LLC boosted its holdings in shares of ProShares UltraPro S&P 500 by 30.9% in the fourth quarter. Corient Private Wealth LLC now owns 84,334 shares of the company’s stock valued at $4,616,000 after buying an additional 19,900 shares during the period. Assetmark Inc. acquired a new position in ProShares UltraPro S&P 500 in the 4th quarter worth $16,790,000. Mark Sheptoff Financial Planning LLC bought a new position in ProShares UltraPro S&P 500 during the 4th quarter worth about $25,000. Tower Research Capital LLC TRC increased its holdings in ProShares UltraPro S&P 500 by 171.9% during the 4th quarter. Tower Research Capital LLC TRC now owns 74,576 shares of the company’s stock worth $4,082,000 after purchasing an additional 47,145 shares in the last quarter. Finally, DRW Securities LLC raised its stake in shares of ProShares UltraPro S&P 500 by 282.2% in the 4th quarter. DRW Securities LLC now owns 85,998 shares of the company’s stock valued at $4,708,000 after purchasing an additional 63,499 shares during the period.

ProShares UltraPro S&P 500 Stock Up 0.1 %

UPRO stock opened at $81.28 on Wednesday. ProShares UltraPro S&P 500 has a fifty-two week low of $35.57 and a fifty-two week high of $85.48. The business has a 50-day moving average of $77.43 and a 200-day moving average of $72.49.

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.