Discipline Wealth Solutions LLC Invests $567,000 in ProShares Ultra Dow30 (NYSEARCA:DDM)

Discipline Wealth Solutions LLC purchased a new stake in shares of ProShares Ultra Dow30 (NYSEARCA:DDM) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 5,937 shares of the company’s stock, valued at approximately $567,000. Discipline Wealth Solutions LLC owned approximately 0.12% of ProShares Ultra Dow30 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of DDM. Barclays PLC increased its stake in shares of ProShares Ultra Dow30 by 100.0% in the third quarter. Barclays PLC now owns 600 shares of the company’s stock valued at $57,000 after buying an additional 300 shares in the last quarter. WealthShield Partners LLC acquired a new stake in ProShares Ultra Dow30 in the 2nd quarter valued at about $58,000. Sunbelt Securities Inc. lifted its position in shares of ProShares Ultra Dow30 by 55.7% during the third quarter. Sunbelt Securities Inc. now owns 797 shares of the company’s stock worth $76,000 after purchasing an additional 285 shares in the last quarter. Squarepoint Ops LLC bought a new stake in shares of ProShares Ultra Dow30 during the second quarter valued at approximately $219,000. Finally, Ground Swell Capital LLC acquired a new stake in shares of ProShares Ultra Dow30 in the third quarter valued at approximately $272,000.

ProShares Ultra Dow30 Price Performance

DDM stock opened at $103.73 on Wednesday. The stock has a market capitalization of $508.28 million, a PE ratio of 18.43 and a beta of 1.48. The company has a 50 day moving average price of $99.61 and a 200 day moving average price of $91.39. ProShares Ultra Dow30 has a fifty-two week low of $73.69 and a fifty-two week high of $107.60.

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.