ProShares Ultra Financials (NYSEARCA:UYG – Get Free Report) hit a new 52-week high on Thursday . The stock traded as high as $92.74 and last traded at $92.68, with a volume of 9883 shares. The stock had previously closed at $90.12.
ProShares Ultra Financials Trading Up 2.7 %
The company has a fifty day simple moving average of $81.29 and a two-hundred day simple moving average of $72.66.
Institutional Trading of ProShares Ultra Financials
Hedge funds have recently modified their holdings of the business. Hamilton Wealth LLC purchased a new position in ProShares Ultra Financials in the 1st quarter valued at approximately $1,712,000. Arkadios Wealth Advisors acquired a new position in ProShares Ultra Financials in the second quarter valued at $346,000. Belvedere Trading LLC acquired a new position in shares of ProShares Ultra Financials during the third quarter worth about $407,000. Citizens Financial Group Inc. RI purchased a new position in shares of ProShares Ultra Financials during the 1st quarter valued at approximately $247,000. Finally, Lazari Capital Management Inc. bought a new stake in ProShares Ultra Financials in the first quarter valued at about $240,000.
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.
Read More
- Five stocks we like better than ProShares Ultra Financials
- Insider Trades May Not Tell You What You Think
- Why Palo Alto Networks’ Multi-Year Uptrend Is Far From Over
- Trading Halts Explained
- 3 Rock-Solid Buying Opportunities in the Market Right Now
- Stock Ratings and Recommendations: Understanding Analyst Ratings
- TJX Companies Stock Poised to Hit a New High This Year
Receive News & Ratings for ProShares Ultra Financials Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares Ultra Financials and related companies with MarketBeat.com's FREE daily email newsletter.
