Plotkin Financial Advisors LLC Purchases Shares of 2,872 ProShares Ultra Financials (NYSEARCA:UYG)

Plotkin Financial Advisors LLC acquired a new position in shares of ProShares Ultra Financials (NYSEARCA:UYG) in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 2,872 shares of the company’s stock, valued at approximately $219,000.

Other large investors have also made changes to their positions in the company. Arkadios Wealth Advisors purchased a new stake in ProShares Ultra Financials during the second quarter worth approximately $346,000. Belvedere Trading LLC acquired a new position in shares of ProShares Ultra Financials during the 3rd quarter valued at $407,000. Good Life Advisors LLC purchased a new stake in ProShares Ultra Financials during the 3rd quarter worth $235,000. Private Advisor Group LLC acquired a new stake in ProShares Ultra Financials in the 3rd quarter valued at $229,000. Finally, James J. Burns & Company LLC purchased a new stake in shares of ProShares Ultra Financials during the 3rd quarter valued at about $218,000.

ProShares Ultra Financials Price Performance

NYSEARCA UYG opened at $96.70 on Friday. ProShares Ultra Financials has a 52 week low of $49.06 and a 52 week high of $97.69. The company’s fifty day simple moving average is $84.07 and its 200-day simple moving average is $74.12.

ProShares Ultra Financials Company Profile

ProShares Ultra Financials (the Fund) seeks daily investment results that correspond to twice the daily performance of the Dow Jones U.S. Financials Index. The Dow Jones U.S. Financials Index measures the performance of the financial services industry of the United States equity market. Component companies include regional banks; United States domiciled international banks; full line, life, and property and casualty insurance companies; companies that invest, directly or indirectly in real estate; diversified financial companies, such as credit card issuers, check cashing companies, mortgage lenders and investment advisers; securities brokers and dealers including investment banks, merchant banks and online brokers; and publicly traded stock exchanges.