Menard Financial Group LLC Makes New $571,000 Investment in ProShares UltraPro S&P 500 (NYSEARCA:UPRO)

Posted by Maddie Sorensen on Sep 16th, 2024

Menard Financial Group LLC acquired a new stake in ProShares UltraPro S&P 500 (NYSEARCA:UPRO – Free Report) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor acquired 7,433 shares of the company’s stock, valued at approximately $571,000.

Several other large investors also recently modified their holdings of the stock. Mark Sheptoff Financial Planning LLC acquired a new stake in ProShares UltraPro S&P 500 in the 4th quarter valued at $25,000. ORG Partners LLC bought a new stake in shares of ProShares UltraPro S&P 500 in the 2nd quarter worth about $84,000. Hantz Financial Services Inc. acquired a new stake in shares of ProShares UltraPro S&P 500 during the 2nd quarter worth about $93,000. PNC Financial Services Group Inc. acquired a new position in ProShares UltraPro S&P 500 in the fourth quarter valued at about $103,000. Finally, Nicholas Hoffman & Company LLC. bought a new stake in ProShares UltraPro S&P 500 during the second quarter worth about $206,000.

ProShares UltraPro S&P 500 Trading Up 1.5 %

NYSEARCA:UPRO opened at $80.83 on Monday. ProShares UltraPro S&P 500 has a 1 year low of $35.57 and a 1 year high of $85.48. The firm has a 50 day moving average of $77.44 and a 200-day moving average of $72.38.

About ProShares UltraPro S&P 500

(Free Report)

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.