Integrated Advisors Network LLC lifted its stake in ProShares Ultra Bloomberg Crude Oil (NYSEARCA:UCO – Free Report) by 32.0% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,600 shares of the exchange traded fund’s stock after purchasing an additional 3,300 shares during the quarter. Integrated Advisors Network LLC owned about 0.05% of ProShares Ultra Bloomberg Crude Oil worth $360,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors have also recently modified their holdings of UCO. Cambridge Investment Research Advisors Inc. bought a new stake in shares of ProShares Ultra Bloomberg Crude Oil during the first quarter valued at approximately $257,000. Flow Traders U.S. LLC increased its holdings in shares of ProShares Ultra Bloomberg Crude Oil by 91.9% in the 1st quarter. Flow Traders U.S. LLC now owns 16,720 shares of the exchange traded fund’s stock worth $2,563,000 after purchasing an additional 8,009 shares in the last quarter. Lido Advisors LLC raised its stake in shares of ProShares Ultra Bloomberg Crude Oil by 2.6% in the first quarter. Lido Advisors LLC now owns 2,901 shares of the exchange traded fund’s stock worth $444,000 after purchasing an additional 73 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of ProShares Ultra Bloomberg Crude Oil by 519.3% during the second quarter. JPMorgan Chase & Co. now owns 18,066 shares of the exchange traded fund’s stock valued at $756,000 after purchasing an additional 15,149 shares in the last quarter. Finally, Millennium Management LLC lifted its holdings in shares of ProShares Ultra Bloomberg Crude Oil by 185.0% during the second quarter. Millennium Management LLC now owns 9,114 shares of the exchange traded fund’s stock valued at $382,000 after purchasing an additional 5,916 shares in the last quarter.
ProShares Ultra Bloomberg Crude Oil Trading Up 2.7 %
NYSEARCA UCO opened at $32.15 on Thursday. ProShares Ultra Bloomberg Crude Oil has a one year low of $20.74 and a one year high of $39.63. The stock has a 50-day moving average of $25.64 and a 200 day moving average of $26.24.
About ProShares Ultra Bloomberg Crude Oil
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.
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