Jane Street Group LLC Cuts Stake in ProShares Ultra Utilities (UPW)

Jane Street Group LLC lowered its position in shares of ProShares Ultra Utilities (NYSEARCA:UPW) by 43.1% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 7,131 shares of the company’s stock after selling 5,412 shares during the period. Jane Street Group LLC owned about 2.59% of ProShares Ultra Utilities worth $332,000 at the end of the most recent quarter.

UPW opened at $49.35 on Thursday. ProShares Ultra Utilities has a 1 year low of $37.86 and a 1 year high of $54.09.

The business also recently announced a quarterly dividend, which was paid on Wednesday, October 3rd. Shareholders of record on Thursday, September 27th were paid a $0.2306 dividend. This represents a $0.92 annualized dividend and a yield of 1.87%. The ex-dividend date of this dividend was Wednesday, September 26th. This is a positive change from ProShares Ultra Utilities’s previous quarterly dividend of $0.15.

ProShares Ultra Utilities Company Profile

ProShares Ultra Utilities (the Fund) seeks daily investment results that correspond to twice (200%) the daily performance of the Dow Jones U.S. Utilities Index (the Index). The Fund intends to invest at least 80% of its net assets, including any borrowings for investment purposes, under normal circumstances, to equity securities contained in the Index and/or financial instruments that, in combination, have similar economic characteristics.

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Institutional Ownership by Quarter for ProShares Ultra Utilities (NYSEARCA:UPW)

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