ProShares UltraPro S&P 500 Stock Scheduled to Split on Thursday, January 13th (NYSEARCA:UPRO)

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ProShares UltraPro S&P 500 (NYSEARCA:UPRO) shares are set to split on the morning of Thursday, January 13th. The 2-1 split was announced on Thursday, January 13th. The newly issued shares will be payable to shareholders after the closing bell on Thursday, January 13th.

Shares of UPRO opened at $152.56 on Friday. The business has a 50-day simple moving average of $143.75 and a two-hundred day simple moving average of $129.40. ProShares UltraPro S&P 500 has a 52 week low of $71.27 and a 52 week high of $156.53.

A number of institutional investors and hedge funds have recently modified their holdings of UPRO. Morgan Stanley grew its position in shares of ProShares UltraPro S&P 500 by 239.7% during the first quarter. Morgan Stanley now owns 15,006 shares of the company’s stock worth $1,356,000 after purchasing an additional 10,588 shares in the last quarter. Advisor Group Holdings Inc. purchased a new stake in shares of ProShares UltraPro S&P 500 during the second quarter worth about $85,000. Financial Insights Inc. purchased a new stake in shares of ProShares UltraPro S&P 500 during the second quarter worth about $151,000. Stone House Investment Management LLC purchased a new stake in shares of ProShares UltraPro S&P 500 during the second quarter worth about $965,000. Finally, Qube Research & Technologies Ltd grew its position in shares of ProShares UltraPro S&P 500 by 2,137.0% during the second quarter. Qube Research & Technologies Ltd now owns 2,237 shares of the company’s stock worth $254,000 after purchasing an additional 2,137 shares in the last quarter.

Further Reading: Straddles

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