ProShares Ultra Real Estate (NYSEARCA:URE – Get Free Report)’s stock price dropped 4.2% during mid-day trading on Monday . The company traded as low as $72.87 and last traded at $72.87. Approximately 5,642 shares changed hands during trading, a decline of 7% from the average daily volume of 6,089 shares. The stock had previously closed at $76.05.
ProShares Ultra Real Estate Stock Down 4.2 %
The business has a fifty day simple moving average of $72.95 and a 200 day simple moving average of $62.76.
ProShares Ultra Real Estate Company Profile
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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