Koshinski Asset Management Inc. Increases Stake in ProShares Ultra Dow30 $DDM

Koshinski Asset Management Inc. increased its holdings in ProShares Ultra Dow30 (NYSEARCA:DDM) by 113.1% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 26,743 shares of the company’s stock after purchasing an additional 14,192 shares during the period. Koshinski Asset Management Inc. owned approximately 0.30% of ProShares Ultra Dow30 worth $1,521,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in DDM. Qube Research & Technologies Ltd purchased a new stake in ProShares Ultra Dow30 during the 3rd quarter valued at $44,000. WealthShield Partners LLC boosted its position in ProShares Ultra Dow30 by 100.0% during the 4th quarter. WealthShield Partners LLC now owns 1,404 shares of the company’s stock valued at $80,000 after buying an additional 702 shares during the period. Bank of America Corp DE boosted its position in ProShares Ultra Dow30 by 106.4% during the 2nd quarter. Bank of America Corp DE now owns 3,096 shares of the company’s stock valued at $304,000 after buying an additional 1,596 shares during the period. Capital Investment Advisory Services LLC boosted its position in ProShares Ultra Dow30 by 7.4% during the 3rd quarter. Capital Investment Advisory Services LLC now owns 3,738 shares of the company’s stock valued at $401,000 after buying an additional 257 shares during the period. Finally, Wealthstar Advisors LLC purchased a new stake in ProShares Ultra Dow30 during the 4th quarter valued at $213,000.

ProShares Ultra Dow30 Stock Up 0.1%

Shares of DDM opened at $59.30 on Friday. The stock has a market capitalization of $527.77 million, a P/E ratio of 20.98 and a beta of 1.74. The firm has a fifty day simple moving average of $55.56 and a two-hundred day simple moving average of $56.80. ProShares Ultra Dow30 has a twelve month low of $43.08 and a twelve month high of $62.35.

ProShares Ultra Dow30 Company Profile

The ProShares Ultra Dow30 (DDM) is an exchange-traded fund that is based on the Dow Jones Industrial Average index. The fund provides 2x leveraged exposure to the price-weighted Dow Jones Industrial Average, which includes 30 of the largest and most stable US companies. DDM was launched on Jun 19, 2006 and is managed by ProShares.