IMC Chicago LLC grew its holdings in ProShares Ultra Gold (NYSEARCA:UGL – Free Report) by 370.5% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 286,631 shares of the company’s stock after purchasing an additional 225,712 shares during the period. IMC Chicago LLC owned approximately 2.01% of ProShares Ultra Gold worth $9,935,000 at the end of the most recent quarter.
A number of other hedge funds have also bought and sold shares of the business. PMV Capital Advisers LLC raised its holdings in ProShares Ultra Gold by 252.4% during the 2nd quarter. PMV Capital Advisers LLC now owns 62,456 shares of the company’s stock valued at $2,165,000 after acquiring an additional 44,732 shares during the period. Everstar Asset Management LLC bought a new stake in shares of ProShares Ultra Gold during the 1st quarter valued at $7,851,000. Aveo Capital Partners LLC lifted its holdings in ProShares Ultra Gold by 11.1% during the 1st quarter. Aveo Capital Partners LLC now owns 29,102 shares of the company’s stock worth $3,746,000 after purchasing an additional 2,911 shares in the last quarter. IAM Advisory LLC lifted its holdings in ProShares Ultra Gold by 300.0% during the 2nd quarter. IAM Advisory LLC now owns 7,988 shares of the company’s stock worth $277,000 after purchasing an additional 5,991 shares in the last quarter. Finally, Simplex Trading LLC bought a new position in ProShares Ultra Gold in the 1st quarter worth about $558,000.
ProShares Ultra Gold Stock Up 1.7%
UGL stock opened at $46.64 on Monday. The stock has a 50-day simple moving average of $38.92 and a two-hundred day simple moving average of $36.05. ProShares Ultra Gold has a twelve month low of $22.39 and a twelve month high of $46.91.
ProShares Ultra Gold 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.
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