Shares of ProShares Ultra Real Estate (NYSEARCA:URE – Get Free Report) traded down 1.5% during mid-day trading on Monday . The company traded as low as $53.34 and last traded at $53.34. 250 shares changed hands during trading, a decline of 94% from the average session volume of 3,964 shares. The stock had previously closed at $54.18.
ProShares Ultra Real Estate Trading Down 1.5 %
The stock has a 50 day moving average of $56.46 and a 200-day moving average of $55.97.
Institutional Investors Weigh In On ProShares Ultra Real Estate
A number of institutional investors and hedge funds have recently modified their holdings of the business. Royal Bank of Canada bought a new stake in ProShares Ultra Real Estate during the 1st quarter valued at $41,000. Belpointe Asset Management LLC bought a new stake in ProShares Ultra Real Estate during the 4th quarter valued at $46,000. UBS Group AG bought a new stake in ProShares Ultra Real Estate during the 3rd quarter valued at $120,000. Advisor Group Holdings Inc. raised its position in ProShares Ultra Real Estate by 44.3% during the 1st quarter. Advisor Group Holdings Inc. now owns 1,465 shares of the company’s stock valued at $147,000 after purchasing an additional 450 shares in the last quarter. Finally, Jane Street Group LLC bought a new stake in ProShares Ultra Real Estate during the 4th quarter valued at $232,000.
About ProShares Ultra Real Estate
ProShares Ultra Real Estate (the Fund) seeks daily investment results that correspond to twice (200%) the daily performance of the Dow Jones U.S. Real Estate Index (the Index). The Index measures the performance of the real estate sector of the United States equity market. Component companies include those that invest directly or indirectly through development, management or ownership of shopping malls, apartment buildings and housing developments, and real estate investment trusts (REITs) that invest in apartments, office and retail properties.
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