ProShares Ultra Dow30 (NYSEARCA:DDM) Shares Sold by Beaton Management Co. Inc.

Beaton Management Co. Inc. decreased its position in ProShares Ultra Dow30 (NYSEARCA:DDM) by 1.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,600 shares of the company’s stock after selling 100 shares during the quarter. Beaton Management Co. Inc. owned 0.18% of ProShares Ultra Dow30 worth $820,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Barclays PLC grew its stake in ProShares Ultra Dow30 by 100.0% during the 3rd quarter. Barclays PLC now owns 600 shares of the company’s stock worth $57,000 after buying an additional 300 shares during the last quarter. Sunbelt Securities Inc. grew its stake in shares of ProShares Ultra Dow30 by 55.7% in the 3rd quarter. Sunbelt Securities Inc. now owns 797 shares of the company’s stock worth $76,000 after purchasing an additional 285 shares during the last quarter. Capital Investment Advisory Services LLC increased its holdings in shares of ProShares Ultra Dow30 by 100.6% in the fourth quarter. Capital Investment Advisory Services LLC now owns 2,277 shares of the company’s stock valued at $217,000 after buying an additional 1,142 shares in the last quarter. Ground Swell Capital LLC acquired a new stake in shares of ProShares Ultra Dow30 during the third quarter worth $272,000. Finally, Belvedere Trading LLC purchased a new stake in ProShares Ultra Dow30 during the third quarter valued at about $387,000.

ProShares Ultra Dow30 Stock Down 0.7 %

Shares of ProShares Ultra Dow30 stock opened at $103.77 on Tuesday. ProShares Ultra Dow30 has a 12 month low of $77.60 and a 12 month high of $107.60. The stock has a market cap of $508.47 million, a PE ratio of 18.43 and a beta of 1.48. The business has a fifty day simple moving average of $100.03 and a 200-day simple moving average of $96.75.

ProShares Ultra Dow30 Company Profile

The ProShares Ultra Dow30 (DDM) is an exchange-traded fund that is based on the Dow Jones Industrial Average index. The fund provides 2x leveraged exposure to the price-weighted Dow Jones Industrial Average, which includes 30 of the largest and most stable US companies. DDM was launched on Jun 19, 2006 and is managed by ProShares.