ProShares Ultra Dow30 (NYSEARCA:DDM) Shares Acquired by Koshinski Asset Management Inc.

Koshinski Asset Management Inc. increased its position in ProShares Ultra Dow30 (NYSEARCA:DDM) by 3.9% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 12,864 shares of the company’s stock after buying an additional 485 shares during the period. Koshinski Asset Management Inc.’s holdings in ProShares Ultra Dow30 were worth $1,226,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Barclays PLC raised its stake in shares of ProShares Ultra Dow30 by 100.0% in the 3rd quarter. Barclays PLC now owns 600 shares of the company’s stock valued at $57,000 after acquiring an additional 300 shares during the period. International Assets Investment Management LLC raised 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 purchasing an additional 10,120 shares during the period. GenWealth Group Inc. lifted its stake in shares of ProShares Ultra Dow30 by 2.5% during the third quarter. GenWealth Group Inc. now owns 69,658 shares of the company’s stock worth $6,658,000 after purchasing an additional 1,694 shares in the last quarter. Discipline Wealth Solutions LLC purchased a new stake in shares of ProShares Ultra Dow30 in the third quarter worth about $567,000. Finally, Plotkin Financial Advisors LLC acquired a new stake in shares of ProShares Ultra Dow30 in the third quarter valued at about $874,000.

ProShares Ultra Dow30 Stock Performance

ProShares Ultra Dow30 stock opened at $101.63 on Wednesday. The firm has a market capitalization of $497.99 million, a PE ratio of 18.43 and a beta of 1.48. ProShares Ultra Dow30 has a one year low of $77.60 and a one year high of $107.60. The stock’s 50 day moving average price is $100.01 and its 200 day moving average price is $94.55.

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.