ProShares Ultra MSCI Emerging Markets (NYSEARCA:EET) Stock Cross Below Two Hundred Day Moving Average of $50.85

ProShares Ultra MSCI Emerging Markets (NYSEARCA:EET – Get Rating)’s share price passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $50.85 and traded as low as $48.42. ProShares Ultra MSCI Emerging Markets shares last traded at $48.42, with a volume of 749 shares.

ProShares Ultra MSCI Emerging Markets Stock Performance

The business has a 50 day simple moving average of $49.59 and a 200-day simple moving average of $50.85.

Institutional Investors Weigh In On ProShares Ultra MSCI Emerging Markets

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Susquehanna International Group LLP bought a new stake in ProShares Ultra MSCI Emerging Markets during the 1st quarter worth approximately $1,102,000. Aveo Capital Partners LLC acquired a new position in ProShares Ultra MSCI Emerging Markets during the 4th quarter worth $897,000. Cassaday & Co Wealth Management LLC acquired a new position in ProShares Ultra MSCI Emerging Markets during the 4th quarter worth $849,000. Flow Traders U.S. LLC lifted its stake in shares of ProShares Ultra MSCI Emerging Markets by 57.0% in the 4th quarter. Flow Traders U.S. LLC now owns 23,729 shares of the exchange traded fund’s stock valued at $1,152,000 after purchasing an additional 8,616 shares during the period. Finally, Jane Street Group LLC lifted its stake in shares of ProShares Ultra MSCI Emerging Markets by 53.7% in the 3rd quarter. Jane Street Group LLC now owns 9,676 shares of the exchange traded fund’s stock valued at $400,000 after purchasing an additional 3,382 shares during the period.

ProShares Ultra MSCI Emerging Markets Company Profile

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ProShares Ultra MSCI Emerging Markets (the Fund) seeks daily investment results that correspond to twice (200%) the daily performance of the MSCI Emerging Markets Index (the Index). The Index adjusts the market capitalization of index constituents for free float and targets for index inclusion 85% of free float-adjusted market capitalization in each industry group in global emerging markets countries.