ProShares Ultra Dow30 (NYSEARCA:DDM) Shares Down 2.3% – Time to Sell?

Posted by Casey Walker on Sep 18th, 2026

ProShares Ultra Dow30 (NYSEARCA:DDM – Get Free Report) dropped 2.3% on Wednesday . The stock traded as low as $62.19 and last traded at $62.91. Approximately 360,701 shares were traded during trading, an increase of 29% from the average daily volume of 279,277 shares. The stock had previously closed at $64.40.

ProShares Ultra Dow30 Price Performance

The firm has a 50 day moving average of $66.65 and a two-hundred day moving average of $61.71. The stock has a market cap of $505.33 million, a PE ratio of 20.98 and a beta of 1.73.

Institutional Trading of ProShares Ultra Dow30

Institutional investors have recently modified their holdings of the stock. Schwallier Wealth Management LLC purchased a new stake in ProShares Ultra Dow30 in the first quarter valued at $407,000. Beaton Management Co. Inc. grew its holdings in shares of ProShares Ultra Dow30 by 96.5% during the fourth quarter. Beaton Management Co. Inc. now owns 16,800 shares of the company’s stock worth $955,000 after purchasing an additional 8,250 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in shares of ProShares Ultra Dow30 by 10,339.2% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 38,834 shares of the company’s stock worth $2,208,000 after purchasing an additional 38,462 shares during the last quarter. IFP Advisors Inc increased its position in shares of ProShares Ultra Dow30 by 304.0% during the second quarter. IFP Advisors Inc now owns 404 shares of the company’s stock worth $26,000 after purchasing an additional 304 shares in the last quarter. Finally, Independent Financial Group LLC acquired a new stake in shares of ProShares Ultra Dow30 during the first quarter worth about $297,000.

About ProShares Ultra Dow30

(Get Free Report)

The ProShares Ultra Dow30 (DDM) is an exchange-traded fund that is based on the Dow Jones Industrial Average index. The fund provides 2x leveraged exposure to the price-weighted Dow Jones Industrial Average, which includes 30 of the largest and most stable US companies. DDM was launched on Jun 19, 2006 and is managed by ProShares.