Bryn Mawr Capital Management LLC Has $423,000 Stock Position in ProShares Ultra Financials (NYSEARCA:UYG)

Bryn Mawr Capital Management LLC decreased its holdings in shares of ProShares Ultra Financials (NYSEARCA:UYG) by 6.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 4,950 shares of the company’s stock after selling 328 shares during the quarter. Bryn Mawr Capital Management LLC’s holdings in ProShares Ultra Financials were worth $423,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of UYG. Global Retirement Partners LLC acquired a new position in ProShares Ultra Financials in the 4th quarter valued at $51,000. Strategic Investment Solutions Inc. IL acquired a new position in ProShares Ultra Financials in the 3rd quarter valued at $92,000. Creative Planning acquired a new position in ProShares Ultra Financials in the 3rd quarter valued at $200,000. Great Valley Advisor Group Inc. acquired a new position in ProShares Ultra Financials in the 3rd quarter valued at $212,000. Finally, James J. Burns & Company LLC acquired a new position in ProShares Ultra Financials in the 3rd quarter valued at $218,000.

ProShares Ultra Financials Trading Down 2.3 %

NYSEARCA:UYG opened at $93.28 on Friday. ProShares Ultra Financials has a 1 year low of $59.86 and a 1 year high of $99.00. The firm’s fifty day simple moving average is $90.97 and its 200 day simple moving average is $84.18.

ProShares Ultra Financials Company Profile

ProShares Ultra Financials (the Fund) seeks daily investment results that correspond to twice the daily performance of the Dow Jones U.S. Financials Index. The Dow Jones U.S. Financials Index measures the performance of the financial services industry of the United States equity market. Component companies include regional banks; United States domiciled international banks; full line, life, and property and casualty insurance companies; companies that invest, directly or indirectly in real estate; diversified financial companies, such as credit card issuers, check cashing companies, mortgage lenders and investment advisers; securities brokers and dealers including investment banks, merchant banks and online brokers; and publicly traded stock exchanges.