ProShares Ultra Bloomberg Crude Oil (NYSEARCA:UCO) Shares Sold by Means Investment CO. Inc.

Means Investment CO. Inc. trimmed its position in ProShares Ultra Bloomberg Crude Oil (NYSEARCA:UCO) by 5.0% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 12,019 shares of the exchange traded fund’s stock after selling 630 shares during the period. Means Investment CO. Inc. owned 0.07% of ProShares Ultra Bloomberg Crude Oil worth $331,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Farther Finance Advisors LLC acquired a new position in shares of ProShares Ultra Bloomberg Crude Oil in the 3rd quarter worth approximately $25,000. SG Americas Securities LLC increased its stake in ProShares Ultra Bloomberg Crude Oil by 27.0% during the fourth quarter. SG Americas Securities LLC now owns 5,240 shares of the exchange traded fund’s stock valued at $144,000 after purchasing an additional 1,114 shares during the last quarter. Spire Wealth Management acquired a new stake in shares of ProShares Ultra Bloomberg Crude Oil during the fourth quarter worth $192,000. JPMorgan Chase & Co. lifted its position in shares of ProShares Ultra Bloomberg Crude Oil by 50.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 12,890 shares of the exchange traded fund’s stock worth $328,000 after buying an additional 4,323 shares during the last quarter. Finally, IHT Wealth Management LLC acquired a new position in shares of ProShares Ultra Bloomberg Crude Oil in the 3rd quarter valued at about $376,000.

ProShares Ultra Bloomberg Crude Oil Stock Up 0.5 %

NYSEARCA:UCO opened at $28.14 on Monday. The stock has a 50 day moving average of $27.47 and a 200-day moving average of $27.59. ProShares Ultra Bloomberg Crude Oil has a 52 week low of $22.88 and a 52 week high of $36.51.

ProShares Ultra Bloomberg Crude Oil Company Profile

ProShares Ultra DJ-UBS Crude Oil seeks daily investment results that correspond to twice (200%) the daily performance of the Dow Jones UBS Crude Oil Sub-Index. The Dow Jones-UBS Crude Oil Sub-Index is intended to reflect the performance of crude oil as measured by the price of futures contracts of sweet, light crude oil traded on the New York Mercantile Exchange (the NYMEX), including roll costs, without regard to income earned on cash positions.