Koshinski Asset Management Inc. Increases Holdings in ProShares UltraPro S&P 500 $UPRO

Koshinski Asset Management Inc. lifted its holdings in shares of ProShares UltraPro S&P 500 (NYSEARCA:UPRO) by 138.4% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,292 shares of the company’s stock after purchasing an additional 5,975 shares during the period. Koshinski Asset Management Inc.’s holdings in ProShares UltraPro S&P 500 were worth $998,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Westmount Partners LLC boosted its stake in ProShares UltraPro S&P 500 by 1.3% in the first quarter. Westmount Partners LLC now owns 8,486 shares of the company’s stock valued at $823,000 after acquiring an additional 109 shares during the last quarter. Farther Finance Advisors LLC raised its holdings in shares of ProShares UltraPro S&P 500 by 4.6% in the 4th quarter. Farther Finance Advisors LLC now owns 3,193 shares of the company’s stock worth $370,000 after purchasing an additional 141 shares during the period. O Shaughnessy Asset Management LLC purchased a new position in ProShares UltraPro S&P 500 in the fourth quarter valued at approximately $28,000. Kestra Advisory Services LLC purchased a new position in ProShares UltraPro S&P 500 in the fourth quarter valued at approximately $28,000. Finally, World Investment Advisors grew its holdings in ProShares UltraPro S&P 500 by 3.1% during the fourth quarter. World Investment Advisors now owns 9,179 shares of the company’s stock valued at $1,031,000 after purchasing an additional 274 shares during the period.

ProShares UltraPro S&P 500 Price Performance

Shares of UPRO traded down $2.99 during mid-day trading on Tuesday, hitting $141.42. The stock had a trading volume of 888,476 shares, compared to its average volume of 3,839,758. ProShares UltraPro S&P 500 has a 52 week low of $88.14 and a 52 week high of $151.41. The business has a fifty day moving average price of $139.60 and a 200-day moving average price of $122.78. The firm has a market cap of $5.40 billion, a P/E ratio of 28.62 and a beta of 3.02.

About ProShares UltraPro S&P 500

The ProShares UltraPro S&P500 (UPRO) is an exchange-traded fund that is based on the S&P 500 index. The fund provides 3x leveraged daily exposure to a market cap-weighted index of large-cap and mid-cap US companies selected by the S&P Committee. UPRO was launched on Jun 25, 2009 and is managed by ProShares.