ProShares Ultra Dow30 (NYSEARCA:DDM) Trading 0.7% Higher

Shares of ProShares Ultra Dow30 (NYSEARCA:DDM) traded up 0.7% on Monday . The stock traded as high as $50.41 and last traded at $50.01, 6,239 shares changed hands during trading. A decline of 99% from the average session volume of 628,171 shares. The stock had previously closed at $49.64.

The company has a 50 day simple moving average of $49.24 and a two-hundred day simple moving average of $47.99.

A number of institutional investors have recently bought and sold shares of DDM. IMC Chicago LLC purchased a new stake in shares of ProShares Ultra Dow30 in the second quarter worth about $1,002,000. Tower Research Capital LLC TRC boosted its stake in shares of ProShares Ultra Dow30 by 27.8% in the second quarter. Tower Research Capital LLC TRC now owns 46,211 shares of the company’s stock worth $2,242,000 after buying an additional 10,061 shares during the last quarter. Finally, GenWealth Group Inc. boosted its stake in shares of ProShares Ultra Dow30 by 6.5% in the second quarter. GenWealth Group Inc. now owns 63,812 shares of the company’s stock worth $3,141,000 after buying an additional 3,892 shares during the last quarter.

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