U S Global Investors Inc. Buys New Stake in ProShares Ultra Bloomberg Crude Oil (NYSEARCA:UCO)

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U S Global Investors Inc. bought a new stake in ProShares Ultra Bloomberg Crude Oil (NYSEARCA:UCO) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 3,500 shares of the exchange traded fund’s stock, valued at approximately $75,000.

Other institutional investors have also recently modified their holdings of the company. Deutsche Bank AG acquired a new position in ProShares Ultra Bloomberg Crude Oil during the 4th quarter valued at about $178,000. Aveo Capital Partners LLC acquired a new position in ProShares Ultra Bloomberg Crude Oil during the 1st quarter valued at about $214,000. CIBC Private Wealth Group LLC acquired a new position in ProShares Ultra Bloomberg Crude Oil during the 1st quarter valued at about $290,000. Sheaff Brock Investment Advisors LLC acquired a new position in ProShares Ultra Bloomberg Crude Oil during the 1st quarter valued at about $409,000. Finally, Jump Trading LLC acquired a new position in ProShares Ultra Bloomberg Crude Oil during the 4th quarter valued at about $676,000.

UCO stock traded down $1.34 during mid-day trading on Wednesday, reaching $15.33. 408,697 shares of the company traded hands, compared to its average volume of 3,248,231. ProShares Ultra Bloomberg Crude Oil has a fifty-two week low of $12.20 and a fifty-two week high of $39.36.

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ProShares Ultra Bloomberg Crude Oil 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.

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Institutional Ownership by Quarter for ProShares Ultra Bloomberg Crude Oil (NYSEARCA:UCO)

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