ProShares Ultra MSCI Emerging Markets (NYSEARCA:EET – Get Free Report) shares crossed below its two hundred day moving average during trading on Thursday. The stock has a two hundred day moving average of $107.23 and traded as low as $104.47. ProShares Ultra MSCI Emerging Markets shares last traded at $105.25, with a volume of 5,169 shares.
ProShares Ultra MSCI Emerging Markets Price Performance
The stock’s 50 day moving average price is $109.69 and its 200 day moving average price is $107.23.
Institutional Investors Weigh In On ProShares Ultra MSCI Emerging Markets
Large investors have recently bought and sold shares of the stock. Global Assets Advisory LLC bought a new stake in ProShares Ultra MSCI Emerging Markets in the 1st quarter valued at about $89,000. PMV Capital Advisers LLC raised its stake in shares of ProShares Ultra MSCI Emerging Markets by 556.2% in the first quarter. PMV Capital Advisers LLC now owns 13,781 shares of the exchange traded fund’s stock worth $1,154,000 after purchasing an additional 11,681 shares during the last quarter. Finally, Legacy Wealth Partners LLC lifted its holdings in shares of ProShares Ultra MSCI Emerging Markets by 91.3% in the first quarter. Legacy Wealth Partners LLC now owns 14,842 shares of the exchange traded fund’s stock valued at $1,243,000 after purchasing an additional 7,084 shares in the last quarter.
ProShares Ultra MSCI Emerging Markets Company Profile
ProShares Ultra MSCI Emerging Markets (the Fund) seeks daily investment results that correspond to twice (200%) the daily performance of the MSCI Emerging Markets Index (the Index). The Index adjusts the market capitalization of index constituents for free float and targets for index inclusion 85% of free float-adjusted market capitalization in each industry group in global emerging markets countries. The Index consists of 25 emerging market country indexes, including Argentina, Brazil, Chile, China, Colombia, Czech Republic, Egypt, Hungary, India, Indonesia, Israel, Jordan, Korea, Malaysia, Mexico, Morocco, Pakistan, Peru, the Philippines, Poland, Russia, South Africa, Taiwan, Thailand and Turkey.
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