Koshinski Asset Management Inc. Acquires 8,490 Shares of ProShares UltraPro Dow30 $UDOW

Koshinski Asset Management Inc. lifted its holdings in ProShares UltraPro Dow30 (NYSEARCA:UDOW) by 206.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,609 shares of the company’s stock after purchasing an additional 8,490 shares during the quarter. Koshinski Asset Management Inc. owned 0.09% of ProShares UltraPro Dow30 worth $633,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Two Sigma Securities LLC boosted its holdings in shares of ProShares UltraPro Dow30 by 21.3% during the 2nd quarter. Two Sigma Securities LLC now owns 5,491 shares of the company’s stock valued at $518,000 after acquiring an additional 965 shares during the last quarter. Corient Private Wealth LLC lifted its holdings in ProShares UltraPro Dow30 by 6.8% in the second quarter. Corient Private Wealth LLC now owns 20,121 shares of the company’s stock valued at $1,900,000 after acquiring an additional 1,275 shares during the period. Tower Research Capital LLC TRC increased its position in shares of ProShares UltraPro Dow30 by 39.2% during the 2nd quarter. Tower Research Capital LLC TRC now owns 38,652 shares of the company’s stock valued at $3,650,000 after purchasing an additional 10,877 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in ProShares UltraPro Dow30 by 46.1% during the third quarter. JPMorgan Chase & Co. now owns 2,275 shares of the company’s stock valued at $244,000 after buying an additional 718 shares during the last quarter. Finally, Quadrature Capital Ltd bought a new position in ProShares UltraPro Dow30 in the third quarter worth approximately $3,456,000.

ProShares UltraPro Dow30 Stock Performance

Shares of ProShares UltraPro Dow30 stock traded down $0.50 on Tuesday, hitting $72.67. 886,378 shares of the company’s stock were exchanged, compared to its average volume of 3,812,260. The company has a 50-day simple moving average of $64.85 and a 200-day simple moving average of $60.53. ProShares UltraPro Dow30 has a 1 year low of $44.37 and a 1 year high of $74.21. The stock has a market capitalization of $897.47 million, a PE ratio of 20.47 and a beta of 2.60.

About ProShares UltraPro Dow30

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. The Index includes 30 large-cap, blue-chip United States stocks, excluding utility and transportation companies. The Fund invests in common stock issued by public companies.