Aveo Capital Partners LLC Sells 45,144 Shares of ProShares Ultra Gold (NYSEARCA:UGL)

Aveo Capital Partners LLC reduced its position in ProShares Ultra Gold (NYSEARCA:UGL) by 63.3% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 26,191 shares of the company’s stock after selling 45,144 shares during the quarter. Aveo Capital Partners LLC owned approximately 0.89% of ProShares Ultra Gold worth $2,448,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of UGL. Barclays PLC bought a new stake in shares of ProShares Ultra Gold in the 3rd quarter valued at $67,000. Drive Wealth Management LLC acquired a new position in shares of ProShares Ultra Gold during the 4th quarter valued at $320,000. Flow Traders U.S. LLC lifted its position in shares of ProShares Ultra Gold by 24.2% during the 3rd quarter. Flow Traders U.S. LLC now owns 7,348 shares of the company’s stock valued at $705,000 after acquiring an additional 1,431 shares during the period. BNP Paribas Financial Markets acquired a new position in shares of ProShares Ultra Gold during the 3rd quarter valued at $1,596,000. Finally, China Universal Asset Management Co. Ltd. acquired a new position in shares of ProShares Ultra Gold during the 3rd quarter valued at $2,656,000.

ProShares Ultra Gold Trading Down 4.1 %

ProShares Ultra Gold stock opened at $110.30 on Friday. ProShares Ultra Gold has a 12-month low of $58.97 and a 12-month high of $115.03. The firm’s fifty day moving average is $99.71 and its 200 day moving average is $95.46.

ProShares Ultra Gold Company Profile

ProShares Ultra Gold (the Fund) seeks daily investment results that correspond to twice (200%) the daily performance. The Fund generally invests in financial instruments as a substitute for investing directly in a commodity or currency in order to gain exposure to the commodity index, commodity or currency.