ProShares Ultra MSCI Emerging Markets (NYSEARCA:EET) Share Price Cross Above 200 Day Moving Average – Here’s What Happened

ProShares Ultra MSCI Emerging Markets (NYSEARCA:EET) shares passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $67.57 and traded as high as $81.99. ProShares Ultra MSCI Emerging Markets shares last traded at $81.90, with a volume of 55,037 shares traded.

ProShares Ultra MSCI Emerging Markets Price Performance

The firm’s 50-day moving average price is $77.03 and its 200-day moving average price is $67.57.

Institutional Investors Weigh In On ProShares Ultra MSCI Emerging Markets

Several institutional investors have recently made changes to their positions in EET. Aveo Capital Partners LLC grew its position in shares of ProShares Ultra MSCI Emerging Markets by 390.5% in the first quarter. Aveo Capital Partners LLC now owns 108,493 shares of the exchange traded fund’s stock valued at $5,958,000 after purchasing an additional 86,376 shares in the last quarter. Jane Street Group LLC purchased a new stake in ProShares Ultra MSCI Emerging Markets during the 2nd quarter worth about $428,000. Tempus Wealth Planning LLC bought a new position in ProShares Ultra MSCI Emerging Markets in the 3rd quarter worth about $709,000. CWM LLC purchased a new position in ProShares Ultra MSCI Emerging Markets during the 3rd quarter valued at about $2,993,000. Finally, PMV Capital Advisers LLC increased its position in shares of ProShares Ultra MSCI Emerging Markets by 13,957.4% during the third quarter. PMV Capital Advisers LLC now owns 6,607 shares of the exchange traded fund’s stock valued at $507,000 after buying an additional 6,560 shares during the period.

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.