ProShares UltraPro Dow30 (NYSEARCA:UDOW) Shares Sold by Millington Financial Advisors LLC

Millington Financial Advisors LLC reduced its position in ProShares UltraPro Dow30 (NYSEARCA:UDOW) by 13.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,467 shares of the company’s stock after selling 1,317 shares during the period. Millington Financial Advisors LLC owned about 0.08% of ProShares UltraPro Dow30 worth $630,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in UDOW. Tower Research Capital LLC TRC grew its holdings in ProShares UltraPro Dow30 by 157.7% in the third quarter. Tower Research Capital LLC TRC now owns 69,644 shares of the company’s stock valued at $3,745,000 after purchasing an additional 42,617 shares during the period. XR Securities LLC acquired a new stake in ProShares UltraPro Dow30 in the 3rd quarter valued at $2,767,000. CPR Investments Inc. grew its stake in ProShares UltraPro Dow30 by 29.3% in the 4th quarter. CPR Investments Inc. now owns 38,718 shares of the company’s stock valued at $2,879,000 after acquiring an additional 8,775 shares during the period. Spire Wealth Management purchased a new stake in ProShares UltraPro Dow30 in the 3rd quarter worth $1,173,000. Finally, Sowell Financial Services LLC raised its position in ProShares UltraPro Dow30 by 17.6% during the fourth quarter. Sowell Financial Services LLC now owns 13,062 shares of the company’s stock worth $971,000 after acquiring an additional 1,953 shares during the period.

ProShares UltraPro Dow30 Stock Performance

UDOW traded up $1.55 during midday trading on Tuesday, hitting $76.59. 2,101,652 shares of the company traded hands, compared to its average volume of 3,266,075. The business has a 50 day simple moving average of $79.49 and a two-hundred day simple moving average of $70.89. ProShares UltraPro Dow30 has a 52-week low of $47.72 and a 52-week high of $86.12.

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.