Simplex Trading LLC Has $2.34 Million Position in ProShares UltraPro Dow30 (NYSEARCA:UDOW)

Simplex Trading LLC raised its position in ProShares UltraPro Dow30 (NYSEARCA:UDOW) by 343.8% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 24,732 shares of the company’s stock after purchasing an additional 19,159 shares during the period. Simplex Trading LLC owned approximately 0.31% of ProShares UltraPro Dow30 worth $2,338,000 as of its most recent filing with the SEC.

Other hedge funds also recently bought and sold shares of the company. Spire Wealth Management acquired a new stake in shares of ProShares UltraPro Dow30 during the fourth quarter worth about $19,759,000. Quadrature Capital Ltd acquired a new stake in ProShares UltraPro Dow30 during the 3rd quarter worth approximately $4,561,000. IMC Chicago LLC acquired a new stake in ProShares UltraPro Dow30 during the 4th quarter worth approximately $2,503,000. Koshinski Asset Management Inc. lifted its stake in ProShares UltraPro Dow30 by 20.3% in the fourth quarter. Koshinski Asset Management Inc. now owns 13,051 shares of the company’s stock valued at $1,234,000 after buying an additional 2,199 shares in the last quarter. Finally, Millington Financial Advisors LLC boosted its holdings in shares of ProShares UltraPro Dow30 by 2.0% in the fourth quarter. Millington Financial Advisors LLC now owns 9,382 shares of the company’s stock valued at $887,000 after buying an additional 185 shares during the period.

ProShares UltraPro Dow30 Stock Down 1.0 %

Shares of NYSEARCA:UDOW opened at $89.96 on Friday. The firm has a market cap of $647.71 million, a price-to-earnings ratio of 20.21 and a beta of 2.93. ProShares UltraPro Dow30 has a 12 month low of $71.43 and a 12 month high of $113.78. The company’s fifty day simple moving average is $99.19 and its 200 day simple moving average is $99.01.

ProShares UltraPro Dow30 Increases Dividend

The company also recently declared a dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Wednesday, March 26th will be issued a $0.3172 dividend. This is a positive change from ProShares UltraPro Dow30’s previous dividend of $0.31. The ex-dividend date of this dividend is Wednesday, March 26th.

ProShares UltraPro Dow30 Profile

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.