ProShares Ultra Real Estate (NYSEARCA:URE) Shares Down 1.1%

ProShares Ultra Real Estate (NYSEARCA:URE) traded down 1.1% on Tuesday . The company traded as low as $57.51 and last traded at $57.51. 1,529 shares traded hands during mid-day trading, a decline of 74% from the average session volume of 5,785 shares. The stock had previously closed at $58.12.

ProShares Ultra Real Estate Stock Up 1.5 %

The business has a 50 day moving average price of $58.80 and a two-hundred day moving average price of $54.98.

Hedge Funds Weigh In On ProShares Ultra Real Estate

Several institutional investors have recently bought and sold shares of the company. Jane Street Group LLC lifted its position in shares of ProShares Ultra Real Estate by 185.7% during the first quarter. Jane Street Group LLC now owns 8,570 shares of the company’s stock worth $858,000 after acquiring an additional 18,570 shares in the last quarter. Citadel Advisors LLC lifted its position in shares of ProShares Ultra Real Estate by 139.5% during the third quarter. Citadel Advisors LLC now owns 23,083 shares of the company’s stock worth $1,278,000 after acquiring an additional 13,445 shares in the last quarter. Susquehanna International Group LLP lifted its position in shares of ProShares Ultra Real Estate by 85.6% during the fourth quarter. Susquehanna International Group LLP now owns 23,230 shares of the company’s stock worth $1,344,000 after acquiring an additional 10,715 shares in the last quarter. Qube Research & Technologies Ltd lifted its position in shares of ProShares Ultra Real Estate by 2,526.1% during the third quarter. Qube Research & Technologies Ltd now owns 3,624 shares of the company’s stock worth $170,000 after acquiring an additional 3,486 shares in the last quarter. Finally, Tower Research Capital LLC TRC lifted its position in shares of ProShares Ultra Real Estate by 66.5% during the second quarter. Tower Research Capital LLC TRC now owns 6,113 shares of the company’s stock worth $355,000 after acquiring an additional 2,441 shares in the last quarter.

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.