ProShares Ultra Dow30 (NYSEARCA:DDM) Shares Sold by Flow Traders U.S. LLC

Flow Traders U.S. LLC reduced its stake in shares of ProShares Ultra Dow30 (NYSEARCA:DDM) by 40.4% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 7,185 shares of the company’s stock after selling 4,879 shares during the period. Flow Traders U.S. LLC owned approximately 0.15% of ProShares Ultra Dow30 worth $687,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the stock. GenWealth Group Inc. lifted its position in ProShares Ultra Dow30 by 2.5% during the 3rd quarter. GenWealth Group Inc. now owns 69,658 shares of the company’s stock worth $6,658,000 after acquiring an additional 1,694 shares during the period. CPR Investments Inc. lifted its holdings in shares of ProShares Ultra Dow30 by 41.3% during the second quarter. CPR Investments Inc. now owns 50,563 shares of the company’s stock worth $4,195,000 after purchasing an additional 14,788 shares during the period. International Assets Investment Management LLC boosted its position in ProShares Ultra Dow30 by 9,457.9% in the third quarter. International Assets Investment Management LLC now owns 10,227 shares of the company’s stock valued at $977,000 after buying an additional 10,120 shares during the last quarter. Belvedere Trading LLC acquired a new position in ProShares Ultra Dow30 in the 3rd quarter worth approximately $387,000. Finally, Ground Swell Capital LLC purchased a new position in ProShares Ultra Dow30 during the 3rd quarter worth approximately $272,000.

ProShares Ultra Dow30 Price Performance

DDM stock opened at $105.90 on Wednesday. The company has a market capitalization of $518.91 million, a P/E ratio of 18.43 and a beta of 1.48. ProShares Ultra Dow30 has a 12 month low of $72.84 and a 12 month high of $107.53. The firm’s fifty day simple moving average is $98.74 and its 200-day simple moving average is $90.82.

ProShares Ultra Dow30 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.