Harvest Investment Services LLC increased its holdings in shares of ProShares UltraPro Dow30 (NYSEARCA:UDOW) by 82.1% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 16,289 shares of the company’s stock after acquiring an additional 7,344 shares during the period. ProShares UltraPro Dow30 comprises approximately 0.8% of Harvest Investment Services LLC’s holdings, making the stock its 26th largest holding. Harvest Investment Services LLC owned approximately 0.42% of ProShares UltraPro Dow30 worth $1,644,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Tower Research Capital LLC TRC grew its stake in shares of ProShares UltraPro Dow30 by 168.7% in the 3rd quarter. Tower Research Capital LLC TRC now owns 58,764 shares of the company’s stock valued at $6,180,000 after purchasing an additional 36,896 shares during the period. Capital Investment Advisors LLC grew its stake in shares of ProShares UltraPro Dow30 by 2.5% in the 3rd quarter. Capital Investment Advisors LLC now owns 8,285 shares of the company’s stock valued at $871,000 after purchasing an additional 200 shares during the period. Royal Bank of Canada bought a new stake in shares of ProShares UltraPro Dow30 in the 2nd quarter valued at approximately $127,000. IMC Chicago LLC bought a new stake in shares of ProShares UltraPro Dow30 in the 2nd quarter valued at approximately $1,737,000. Finally, Morgan Stanley grew its stake in shares of ProShares UltraPro Dow30 by 397.1% in the 2nd quarter. Morgan Stanley now owns 4,658 shares of the company’s stock valued at $479,000 after purchasing an additional 3,721 shares during the period.
Shares of UDOW stock traded up $0.90 during trading hours on Wednesday, hitting $114.82. The company had a trading volume of 21,701 shares, compared to its average volume of 892,286. ProShares UltraPro Dow30 has a 12 month low of $58.01 and a 12 month high of $114.76. The firm’s fifty day moving average is $105.00 and its 200 day moving average is $101.39.
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.
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