Rothschild Investment LLC Makes New Investment in ProShares Ultra Gold (NYSEARCA:UGL)

Rothschild Investment LLC purchased a new stake in shares of ProShares Ultra Gold (NYSEARCA:UGL) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 750 shares of the company’s stock, valued at approximately $70,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in UGL. Barclays PLC purchased a new stake in shares of ProShares Ultra Gold during the 3rd quarter valued at about $67,000. Drive Wealth Management LLC purchased a new stake in shares of ProShares Ultra Gold during the 4th quarter valued at about $320,000. Flow Traders U.S. LLC increased its holdings in ProShares Ultra Gold by 24.2% in the 3rd quarter. Flow Traders U.S. LLC now owns 7,348 shares of the company’s stock worth $705,000 after acquiring an additional 1,431 shares in the last quarter. BNP Paribas Financial Markets purchased a new stake in ProShares Ultra Gold in the 3rd quarter worth approximately $1,596,000. Finally, China Universal Asset Management Co. Ltd. increased its holdings in ProShares Ultra Gold by 221.3% in the 4th quarter. China Universal Asset Management Co. Ltd. now owns 89,000 shares of the company’s stock worth $8,320,000 after acquiring an additional 61,300 shares in the last quarter.

ProShares Ultra Gold Price Performance

ProShares Ultra Gold stock opened at $113.00 on Thursday. The firm has a 50 day moving average of $102.80 and a 200 day moving average of $97.52. ProShares Ultra Gold has a 12-month low of $60.79 and a 12-month high of $115.75.

About ProShares Ultra Gold

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.