Aveo Capital Partners LLC purchased a new position in shares of ProShares Ultra Bloomberg Crude Oil (NYSEARCA:UCO) in the first quarter, HoldingsChannel.com reports. The institutional investor purchased 9,920 shares of the exchange traded fund’s stock, valued at approximately $214,000.

Other institutional investors have also bought and sold shares of the company. Deutsche Bank AG bought a new position in ProShares Ultra Bloomberg Crude Oil during the fourth quarter worth about $178,000. BKS Advisors LLC bought a new position in ProShares Ultra Bloomberg Crude Oil during the fourth quarter worth about $266,000. Sheaff Brock Investment Advisors LLC bought a new position in ProShares Ultra Bloomberg Crude Oil during the first quarter worth about $409,000. Jump Trading LLC bought a new position in ProShares Ultra Bloomberg Crude Oil during the fourth quarter worth about $676,000. Finally, Lido Advisors LLC bought a new position in ProShares Ultra Bloomberg Crude Oil during the fourth quarter worth about $704,000.

ProShares Ultra Bloomberg Crude Oil stock opened at $23.09 on Thursday. ProShares Ultra Bloomberg Crude Oil has a 52 week low of $12.20 and a 52 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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Want to see what other hedge funds are holding UCO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ProShares Ultra Bloomberg Crude Oil (NYSEARCA:UCO).

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

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