ProShares Ultra Semiconductors (NYSEARCA:USD – Get Free Report)’s stock price gapped up prior to trading on Tuesday . The stock had previously closed at $76.05, but opened at $78.99. ProShares Ultra Semiconductors shares last traded at $76.53, with a volume of 369,023 shares trading hands.
ProShares Ultra Semiconductors Stock Performance
The company’s 50 day simple moving average is $68.15 and its two-hundred day simple moving average is $64.27.
Institutional Inflows and Outflows
A number of institutional investors have recently made changes to their positions in the business. Bogart Wealth LLC bought a new stake in shares of ProShares Ultra Semiconductors during the 3rd quarter valued at $120,000. Scientech Research LLC acquired a new position in shares of ProShares Ultra Semiconductors during the 2nd quarter worth about $220,000. Plotkin Financial Advisors LLC acquired a new position in shares of ProShares Ultra Semiconductors during the 3rd quarter worth about $226,000. IMC Chicago LLC increased its stake in shares of ProShares Ultra Semiconductors by 120.0% in the 3rd quarter. IMC Chicago LLC now owns 30,468 shares of the company’s stock valued at $3,653,000 after acquiring an additional 16,620 shares during the last quarter. Finally, Client First Investment Management LLC raised its position in shares of ProShares Ultra Semiconductors by 750.4% in the 2nd quarter. Client First Investment Management LLC now owns 31,091 shares of the company’s stock valued at $4,325,000 after acquiring an additional 27,435 shares during the period.
About ProShares Ultra Semiconductors
ProShares Ultra Semiconductors (the Fund) seeks daily investment results that correspond to twice (200%) the daily performance of the Dow Jones U.S. Semiconductor Index (the Index). The Fund intends to invest at least 80% of its net assets, including any borrowings for investment purposes, under normal circumstances, to equity securities contained in the Index and/or financial instruments that, in combination, have similar economic characteristics.
Read More
- Five stocks we like better than ProShares Ultra Semiconductors
- How to Start Investing in Real Estate
- How Buffett’s Best and Worst Stock Bets Have Fared 5 Years Later
- Biggest Stock Losers – Today’s Biggest Percentage Decliners
- Bill Ackman’s Bold Case for Fannie Mae and Freddie Mac
- What Makes a Stock a Good Dividend Stock?
- NVIDIA Is Still the Most Important Stock in the Market
Receive News & Ratings for ProShares Ultra Semiconductors Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares Ultra Semiconductors and related companies with MarketBeat.com's FREE daily email newsletter.
