Rothschild Investment LLC bought a new stake in shares of ProShares Ultra Gold (NYSEARCA:UGL – Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 750 shares of the company’s stock, valued at approximately $70,000.
A number of other hedge funds have also recently modified their holdings of UGL. China Universal Asset Management Co. Ltd. boosted its holdings in shares of ProShares Ultra Gold by 221.3% during the 4th quarter. China Universal Asset Management Co. Ltd. now owns 89,000 shares of the company’s stock valued at $8,320,000 after buying an additional 61,300 shares in the last quarter. BNP Paribas Financial Markets bought a new position in ProShares Ultra Gold in the 3rd quarter worth about $1,596,000. Drive Wealth Management LLC bought a new position in ProShares Ultra Gold in the 4th quarter worth about $320,000. Flow Traders U.S. LLC boosted its stake in ProShares Ultra Gold by 24.2% in the 3rd quarter. Flow Traders U.S. LLC now owns 7,348 shares of the company’s stock worth $705,000 after purchasing an additional 1,431 shares in the last quarter. Finally, Barclays PLC bought a new position in ProShares Ultra Gold in the 3rd quarter worth about $67,000.
ProShares Ultra Gold Price Performance
Shares of NYSEARCA:UGL opened at $113.00 on Thursday. ProShares Ultra Gold has a fifty-two week low of $60.79 and a fifty-two week high of $115.75. The business has a 50-day simple moving average of $102.80 and a two-hundred day simple moving average of $97.52.
About ProShares Ultra Gold
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.
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