Ashton Thomas Private Wealth LLC Lowers Stake in ProShares UltraPro Dow30 (NYSEARCA:UDOW)

Ashton Thomas Private Wealth LLC lowered its stake in shares of ProShares UltraPro Dow30 (NYSEARCA:UDOW) by 15.2% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 33,748 shares of the company’s stock after selling 6,054 shares during the period. Ashton Thomas Private Wealth LLC owned approximately 0.42% of ProShares UltraPro Dow30 worth $3,191,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in UDOW. Hollencrest Capital Management boosted its position in shares of ProShares UltraPro Dow30 by 136.0% during the 3rd quarter. Hollencrest Capital Management now owns 295 shares of the company’s stock worth $28,000 after purchasing an additional 170 shares during the period. Farther Finance Advisors LLC boosted its position in ProShares UltraPro Dow30 by 216.7% in the 3rd quarter. Farther Finance Advisors LLC now owns 950 shares of the company’s stock valued at $91,000 after buying an additional 650 shares during the period. SBI Securities Co. Ltd. purchased a new position in ProShares UltraPro Dow30 in the 4th quarter valued at approximately $94,000. JPMorgan Chase & Co. purchased a new position in ProShares UltraPro Dow30 in the 3rd quarter valued at approximately $179,000. Finally, Larson Financial Group LLC boosted its position in ProShares UltraPro Dow30 by 1,096.4% in the 3rd quarter. Larson Financial Group LLC now owns 4,367 shares of the company’s stock valued at $420,000 after buying an additional 4,002 shares during the period.

ProShares UltraPro Dow30 Stock Up 1.5 %

Shares of UDOW stock opened at $94.13 on Friday. ProShares UltraPro Dow30 has a 52 week low of $71.43 and a 52 week high of $113.78. The stock has a market capitalization of $668.32 million, a PE ratio of 22.85 and a beta of 2.94. The firm has a 50 day moving average of $101.19 and a two-hundred day moving average of $99.05.

ProShares UltraPro Dow30 Company Profile

ProShares UltraPro Dow30 seeks daily investment results, before fees and expenses, that correspond to triple (300%) the daily performance of the Dow Jones Industrial Average Index. The Fund invests in equity securities and derivatives that have similar daily performance characteristics as three times (300%) the daily return of the Index.