Larson Financial Group LLC Has $420,000 Holdings in ProShares UltraPro Dow30 (NYSEARCA:UDOW)

Larson Financial Group LLC boosted its position in shares of ProShares UltraPro Dow30 (NYSEARCA:UDOW) by 1,096.4% in the third quarter, Holdings Channel reports. The fund owned 4,367 shares of the company’s stock after acquiring an additional 4,002 shares during the period. Larson Financial Group LLC’s holdings in ProShares UltraPro Dow30 were worth $420,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of UDOW. Hollencrest Capital Management grew its stake in shares of ProShares UltraPro Dow30 by 136.0% in the third quarter. Hollencrest Capital Management now owns 295 shares of the company’s stock worth $28,000 after acquiring an additional 170 shares during the last quarter. Farther Finance Advisors LLC boosted its holdings 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 purchasing an additional 650 shares during the period. Smith Chas P & Associates PA Cpas bought a new position in shares of ProShares UltraPro Dow30 during the 3rd quarter worth about $240,000. Edgestream Partners L.P. bought a new position in shares of ProShares UltraPro Dow30 during the 2nd quarter worth about $272,000. Finally, Encompass More Asset Management raised its position in shares of ProShares UltraPro Dow30 by 44.0% during the second quarter. Encompass More Asset Management now owns 11,397 shares of the company’s stock valued at $896,000 after buying an additional 3,484 shares during the last quarter.

ProShares UltraPro Dow30 Price Performance

UDOW stock opened at $112.06 on Wednesday. ProShares UltraPro Dow30 has a twelve month low of $61.60 and a twelve month high of $112.41. The business’s 50-day simple moving average is $98.37 and its 200 day simple moving average is $88.19.

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.