ProShares UltraPro Short Russell2000 (NYSEARCA:SRTY) Stock Cross Above 200 Day Moving Average of $57.86

ProShares UltraPro Short Russell2000 (NYSEARCA:SRTYGet Rating)’s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $57.86 and traded as high as $61.16. ProShares UltraPro Short Russell2000 shares last traded at $61.11, with a volume of 1,454,331 shares trading hands.

ProShares UltraPro Short Russell2000 Price Performance

The firm has a 50-day moving average price of $53.10 and a 200 day moving average price of $57.90.

Institutional Investors Weigh In On ProShares UltraPro Short Russell2000

A number of large investors have recently bought and sold shares of the business. UBS Group AG acquired a new stake in ProShares UltraPro Short Russell2000 during the 2nd quarter worth $293,000. HighTower Advisors LLC acquired a new stake in ProShares UltraPro Short Russell2000 during the first quarter worth approximately $297,000. Brookstone Capital Management bought a new position in ProShares UltraPro Short Russell2000 in the second quarter valued at approximately $441,000. Integrated Wealth Concepts LLC bought a new stake in shares of ProShares UltraPro Short Russell2000 during the first quarter worth $576,000. Finally, SG Americas Securities LLC acquired a new position in ProShares UltraPro Short Russell2000 in the second quarter valued at $607,000.

About ProShares UltraPro Short Russell2000

(Get Rating)

ProShares UltraPro Short Russell2000 (the Fund) seeks daily investment results, which correspond to triple (300%) the inverse (opposite) of the daily performance of the Russell 2000 Index (the Index). The Fund seeks a return -300% of the return of an index for a single day. The Russell 2000 Index consists of 2,000 of the smallest United States-domiciled, publicly traded common stocks included in the Russell 3000 Index.

Further Reading

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