SG Americas Securities LLC Trims Position in ProShares Ultra Gold (UGL)

SG Americas Securities LLC trimmed its holdings in shares of ProShares Ultra Gold (NYSEARCA:UGL) by 33.5% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 15,900 shares of the company’s stock after selling 8,000 shares during the quarter. SG Americas Securities LLC’s holdings in ProShares Ultra Gold were worth $647,000 at the end of the most recent reporting period.

Shares of ProShares Ultra Gold (UGL) opened at $42.08 on Wednesday. ProShares Ultra Gold has a 12-month low of $35.47 and a 12-month high of $44.38.

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ProShares Ultra Gold Profile

ProShares Ultra Gold (the Fund) seeks daily investment results that correspond to twice (200%) the daily performance. The Fund generally invests in financial instruments as a substitute for investing directly in a commodity or currency in order to gain exposure to the commodity index, commodity or currency.

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