ProShares UltraPro Dow30 (NYSEARCA:UDOW – Get Free Report)’s share price hit a new 52-week high on Thursday . The company traded as high as $101.46 and last traded at $101.46, with a volume of 26304 shares traded. The stock had previously closed at $100.69.
ProShares UltraPro Dow30 Stock Performance
The firm’s 50 day moving average price is $90.79 and its 200-day moving average price is $83.41.
Hedge Funds Weigh In On ProShares UltraPro Dow30
Hedge funds have recently bought and sold shares of the business. Headlands Technologies LLC raised its stake in shares of ProShares UltraPro Dow30 by 7.5% during the 1st quarter. Headlands Technologies LLC now owns 2,563 shares of the company’s stock worth $218,000 after buying an additional 179 shares during the period. Larson Financial Group LLC purchased a new position in ProShares UltraPro Dow30 during the second quarter valued at $29,000. PNC Financial Services Group Inc. purchased a new position in ProShares UltraPro Dow30 during the fourth quarter valued at $108,000. Smith Chas P & Associates PA Cpas acquired a new stake in shares of ProShares UltraPro Dow30 in the third quarter valued at about $240,000. Finally, Edgestream Partners L.P. purchased a new stake in shares of ProShares UltraPro Dow30 during the second quarter worth about $272,000.
About ProShares UltraPro Dow30
ProShares UltraPro Dow30 seeks daily investment results, before fees and expenses, that correspond to triple (300%) the daily performance of the Dow Jones Industrial Average Index. The Fund invests in equity securities and derivatives that have similar daily performance characteristics as three times (300%) the daily return of the Index.
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