Capital Investment Advisors LLC Trims Stake in ProShares UltraPro Dow30 (NYSEARCA:UDOW)

Capital Investment Advisors LLC reduced its position in shares of ProShares UltraPro Dow30 (NYSEARCA:UDOW) by 9.9% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 11,030 shares of the company’s stock after selling 1,210 shares during the quarter. Capital Investment Advisors LLC’s holdings in ProShares UltraPro Dow30 were worth $759,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in UDOW. Advisor Group Holdings Inc. increased its holdings in ProShares UltraPro Dow30 by 403.8% during the 2nd quarter. Advisor Group Holdings Inc. now owns 806 shares of the company’s stock worth $59,000 after purchasing an additional 646 shares during the period. Wells Fargo & Company MN purchased a new position in shares of ProShares UltraPro Dow30 in the 2nd quarter valued at $69,000. Garde Capital Inc. increased its holdings in shares of ProShares UltraPro Dow30 by 199.2% in the 2nd quarter. Garde Capital Inc. now owns 2,992 shares of the company’s stock valued at $219,000 after acquiring an additional 1,992 shares during the period. Triton Wealth Management PLLC purchased a new position in shares of ProShares UltraPro Dow30 in the 2nd quarter valued at $262,000. Finally, SG Americas Securities LLC increased its holdings in shares of ProShares UltraPro Dow30 by 95.9% in the 2nd quarter. SG Americas Securities LLC now owns 4,218 shares of the company’s stock valued at $308,000 after acquiring an additional 2,065 shares during the period.

Shares of NYSEARCA:UDOW opened at $81.57 on Thursday. ProShares UltraPro Dow30 has a 12-month low of $45.86 and a 12-month high of $86.48. The business’s fifty day simple moving average is $77.87 and its 200-day simple moving average is $76.20.

ProShares UltraPro Dow30 Profile

ProShares UltraPro Dow30 seeks daily investment results, before fees and expenses, that correspond to triple (300%) the daily performance of the Dow Jones Industrial Average Index. The Fund invests in equity securities and derivatives that have similar daily performance characteristics as three times (300%) the daily return of the Index.

Recommended Story: How to Use the MarketBeat Retirement Calculator

Want to see what other hedge funds are holding UDOW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ProShares UltraPro Dow30 (NYSEARCA:UDOW).

Institutional Ownership by Quarter for ProShares UltraPro Dow30 (NYSEARCA:UDOW)

Receive News & Ratings for ProShares UltraPro Dow30 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares UltraPro Dow30 and related companies with MarketBeat.com's FREE daily email newsletter.