ProShares Ultra Energy (NYSEARCA:DIG) Stock Position Raised by VitalStone Financial LLC

VitalStone Financial LLC lifted its stake in shares of ProShares Ultra Energy (NYSEARCA:DIG) by 54.6% during the third quarter, Holdings Channel reports. The firm owned 3,835 shares of the exchange traded fund’s stock after purchasing an additional 1,354 shares during the quarter. VitalStone Financial LLC’s holdings in ProShares Ultra Energy were worth $147,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Hamilton Wealth LLC lifted its position in shares of ProShares Ultra Energy by 5.9% in the 1st quarter. Hamilton Wealth LLC now owns 76,328 shares of the exchange traded fund’s stock valued at $3,498,000 after acquiring an additional 4,262 shares in the last quarter. Fairfield Financial Advisors LTD acquired a new position in ProShares Ultra Energy during the second quarter valued at $57,000. Finally, Hazlett Burt & Watson Inc. purchased a new stake in ProShares Ultra Energy in the 2nd quarter worth about $36,000.

ProShares Ultra Energy Price Performance

DIG opened at $42.77 on Monday. The stock has a fifty day moving average price of $39.56 and a 200 day moving average price of $42.20. ProShares Ultra Energy has a 1 year low of $32.43 and a 1 year high of $50.26.

About ProShares Ultra Energy

ProShares Ultra Oil & Gas (the fund) seeks daily investment results that correspond to twice (200%) the daily performance of the Dow Jones U.S. Oil & Gas Index (the Index). The Fund intends to invest at least 80% of its net assets, including any borrowings for investment purposes, under normal circumstances, to equity securities contained in the Index and/or financial instruments that, in combination, have similar economic characteristics.