Innova Wealth Partners Takes Position in ProShares UltraPro Dow30 (NYSEARCA:UDOW)

Innova Wealth Partners bought a new position in ProShares UltraPro Dow30 (NYSEARCA:UDOW) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 5,650 shares of the company’s stock, valued at approximately $534,000. Innova Wealth Partners owned approximately 0.07% of ProShares UltraPro Dow30 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Larson Financial Group LLC purchased a new stake in shares of ProShares UltraPro Dow30 in the second quarter worth $29,000. Edgestream Partners L.P. bought a new position in ProShares UltraPro Dow30 in the 2nd quarter worth $272,000. Squarepoint Ops LLC increased its stake in ProShares UltraPro Dow30 by 132.4% in the 2nd quarter. Squarepoint Ops LLC now owns 61,363 shares of the company’s stock worth $4,823,000 after buying an additional 34,960 shares in the last quarter. Koshinski Asset Management Inc. bought a new stake in ProShares UltraPro Dow30 during the third quarter valued at about $1,043,000. Finally, Smith Chas P & Associates PA Cpas purchased a new position in shares of ProShares UltraPro Dow30 in the third quarter valued at about $240,000.

ProShares UltraPro Dow30 Stock Down 1.3 %

NYSEARCA UDOW opened at $94.31 on Wednesday. The business has a 50-day moving average price of $102.35 and a 200-day moving average price of $93.34. ProShares UltraPro Dow30 has a twelve month low of $70.59 and a twelve month high of $113.78.

About ProShares UltraPro Dow30

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.