ProShares Ultra MSCI Emerging Markets (NYSEARCA:EET) Stock Pass Above 200 Day Moving Average of $48.68

ProShares Ultra MSCI Emerging Markets (NYSEARCA:EET)’s share price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $48.68 and traded as high as $53.94. ProShares Ultra MSCI Emerging Markets shares last traded at $53.85, with a volume of 2,000 shares changing hands.

ProShares Ultra MSCI Emerging Markets Stock Performance

The business’s 50-day simple moving average is $51.02 and its 200 day simple moving average is $48.68.

Institutional Investors Weigh In On ProShares Ultra MSCI Emerging Markets

An institutional investor recently bought a new position in ProShares Ultra MSCI Emerging Markets stock. IMC Chicago LLC acquired a new position in ProShares Ultra MSCI Emerging Markets (NYSEARCA:EET) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 11,942 shares of the exchange traded fund’s stock, valued at approximately $607,000. IMC Chicago LLC owned about 3.41% of ProShares Ultra MSCI Emerging Markets at the end of the most recent reporting period.

About ProShares Ultra MSCI Emerging Markets

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.