Spire Wealth Management Lowers Stock Holdings in ProShares UltraPro S&P 500 (NYSEARCA:UPRO)

Spire Wealth Management reduced its stake in ProShares UltraPro S&P 500 (NYSEARCA:UPRO) by 12.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 2,005 shares of the company’s stock after selling 296 shares during the quarter. Spire Wealth Management’s holdings in ProShares UltraPro S&P 500 were worth $178,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Farther Finance Advisors LLC acquired a new stake in shares of ProShares UltraPro S&P 500 in the 3rd quarter valued at approximately $60,000. JPMorgan Chase & Co. lifted its holdings in shares of ProShares UltraPro S&P 500 by 103.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 33,799 shares of the company’s stock valued at $2,913,000 after buying an additional 17,170 shares during the period. SG Americas Securities LLC acquired a new stake in shares of ProShares UltraPro S&P 500 in the 3rd quarter valued at approximately $569,000. Koshinski Asset Management Inc. lifted its holdings in shares of ProShares UltraPro S&P 500 by 8.2% in the 4th quarter. Koshinski Asset Management Inc. now owns 2,793 shares of the company’s stock valued at $248,000 after buying an additional 212 shares during the period. Finally, Creative Planning lifted its holdings in shares of ProShares UltraPro S&P 500 by 35.5% in the 2nd quarter. Creative Planning now owns 12,294 shares of the company’s stock valued at $945,000 after buying an additional 3,220 shares during the period.

ProShares UltraPro S&P 500 Price Performance

UPRO opened at $93.84 on Friday. The business has a 50 day simple moving average of $93.84 and a 200-day simple moving average of $87.06. ProShares UltraPro S&P 500 has a 12 month low of $58.74 and a 12 month high of $100.06.

About ProShares UltraPro S&P 500

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.