First Western Trust Bank Invests $240,000 in ProShares UltraPro S&P 500 (NYSEARCA:UPRO)

First Western Trust Bank acquired a new stake in ProShares UltraPro S&P 500 (NYSEARCA:UPRO) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 3,396 shares of the company’s stock, valued at approximately $240,000.

A number of other institutional investors also recently bought and sold shares of UPRO. IMC Chicago LLC increased its holdings in shares of ProShares UltraPro S&P 500 by 10,278.1% in the fourth quarter. IMC Chicago LLC now owns 8,518,882 shares of the company’s stock valued at $466,324,000 after purchasing an additional 8,436,797 shares during the period. Assetmark Inc. acquired a new position in ProShares UltraPro S&P 500 in the 4th quarter worth approximately $16,790,000. Tidal Investments LLC purchased a new position in ProShares UltraPro S&P 500 during the 1st quarter worth approximately $8,197,000. Axxcess Wealth Management LLC lifted its stake in ProShares UltraPro S&P 500 by 1,917.1% during the 4th quarter. Axxcess Wealth Management LLC now owns 109,487 shares of the company’s stock valued at $5,993,000 after acquiring an additional 104,059 shares during the period. Finally, Ashton Thomas Private Wealth LLC lifted its position in ProShares UltraPro S&P 500 by 8.7% during the first quarter. Ashton Thomas Private Wealth LLC now owns 93,518 shares of the company’s stock valued at $6,598,000 after purchasing an additional 7,464 shares during the period.

ProShares UltraPro S&P 500 Stock Down 4.1 %

ProShares UltraPro S&P 500 stock traded down $3.22 during midday trading on Thursday, hitting $75.01. 9,348,519 shares of the company were exchanged, compared to its average volume of 5,689,771. ProShares UltraPro S&P 500 has a fifty-two week low of $35.57 and a fifty-two week high of $85.48. The business has a fifty day simple moving average of $76.53 and a two-hundred day simple moving average of $68.63.

ProShares UltraPro S&P 500 Company Profile

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.