Aveo Capital Partners LLC Sells 45,144 Shares of ProShares Ultra Gold (NYSEARCA:UGL)

Aveo Capital Partners LLC lowered its stake in shares of ProShares Ultra Gold (NYSEARCA:UGL) by 63.3% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 26,191 shares of the company’s stock after selling 45,144 shares during the quarter. Aveo Capital Partners LLC’s holdings in ProShares Ultra Gold were worth $2,448,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Barclays PLC bought a new position in ProShares Ultra Gold during the third quarter valued at about $67,000. Drive Wealth Management LLC bought a new position in ProShares Ultra Gold during the fourth quarter worth about $320,000. Flow Traders U.S. LLC boosted its position in ProShares Ultra Gold by 24.2% during the third quarter. Flow Traders U.S. LLC now owns 7,348 shares of the company’s stock worth $705,000 after purchasing an additional 1,431 shares during the period. BNP Paribas Financial Markets bought a new position in ProShares Ultra Gold during the third quarter worth about $1,596,000. Finally, China Universal Asset Management Co. Ltd. bought a new position in ProShares Ultra Gold during the third quarter worth about $2,656,000.

ProShares Ultra Gold Trading Down 4.1 %

Shares of NYSEARCA:UGL opened at $110.30 on Friday. ProShares Ultra Gold has a twelve month low of $58.97 and a twelve month high of $115.03. The company has a 50-day moving average price of $99.71 and a two-hundred day moving average price of $95.46.

ProShares Ultra Gold Company Profile

ProShares Ultra Gold (the Fund) seeks daily investment results that correspond to twice (200%) the daily performance. The Fund generally invests in financial instruments as a substitute for investing directly in a commodity or currency in order to gain exposure to the commodity index, commodity or currency.