IMC Chicago LLC Invests $83.44 Million in ProShares UltraPro S&P 500 (NYSEARCA:UPRO)

IMC Chicago LLC purchased a new stake in shares of ProShares UltraPro S&P 500 (NYSEARCA:UPRO) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 968,051 shares of the company’s stock, valued at approximately $83,436,000. ProShares UltraPro S&P 500 accounts for about 0.0% of IMC Chicago LLC’s holdings, making the stock its 21st largest position.

Several other hedge funds have also recently bought and sold shares of UPRO. Ellis Investment Partners LLC grew its holdings in shares of ProShares UltraPro S&P 500 by 1.5% during the 3rd quarter. Ellis Investment Partners LLC now owns 10,908 shares of the company’s stock valued at $940,000 after acquiring an additional 157 shares in the last quarter. PFG Investments LLC increased its position in ProShares UltraPro S&P 500 by 10.1% in the 3rd quarter. PFG Investments LLC now owns 3,004 shares of the company’s stock worth $259,000 after purchasing an additional 276 shares during the last quarter. Erickson Financial Group LLC lifted its holdings in ProShares UltraPro S&P 500 by 5.0% in the 2nd quarter. Erickson Financial Group LLC now owns 6,971 shares of the company’s stock worth $536,000 after purchasing an additional 335 shares during the last quarter. ORG Wealth Partners LLC bought a new stake in ProShares UltraPro S&P 500 during the third quarter worth approximately $54,000. Finally, Spire Wealth Management raised its position in shares of ProShares UltraPro S&P 500 by 31.6% in the second quarter. Spire Wealth Management now owns 3,953 shares of the company’s stock valued at $304,000 after purchasing an additional 950 shares during the period.

ProShares UltraPro S&P 500 Trading Down 0.9 %

Shares of UPRO opened at $87.90 on Thursday. The company’s fifty day moving average price is $83.67 and its 200 day moving average price is $76.59. ProShares UltraPro S&P 500 has a one year low of $36.87 and a one year high of $91.12.

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.