ProShares UltraPro Dow30 (NYSEARCA:UDOW) Sets New 52-Week High at $92.65

Posted by Trevor Kearing on Sep 18th, 2024

ProShares UltraPro Dow30 (NYSEARCA:UDOW – Get Free Report) hit a new 52-week high during trading on Monday . The company traded as high as $92.65 and last traded at $92.79, with a volume of 421171 shares trading hands. The stock had previously closed at $90.63.

ProShares UltraPro Dow30 Price Performance

The firm has a 50-day simple moving average of $85.57 and a two-hundred day simple moving average of $81.23.

Hedge Funds Weigh In On ProShares UltraPro Dow30

Hedge funds have recently added to or reduced their stakes in the company. Headlands Technologies LLC grew its position in ProShares UltraPro Dow30 by 7.5% in the first quarter. Headlands Technologies LLC now owns 2,563 shares of the company’s stock worth $218,000 after acquiring an additional 179 shares in the last quarter. Larson Financial Group LLC acquired a new stake in shares of ProShares UltraPro Dow30 in the 2nd quarter valued at $29,000. PNC Financial Services Group Inc. bought a new stake in ProShares UltraPro Dow30 in the fourth quarter worth $108,000. Smith Chas P & Associates PA Cpas bought a new stake in shares of ProShares UltraPro Dow30 during the 1st quarter worth about $213,000. Finally, Edgestream Partners L.P. acquired a new position in ProShares UltraPro Dow30 during the second quarter valued at approximately $272,000.

ProShares UltraPro Dow30 Company Profile

(Get Free Report)

ProShares UltraPro Dow30 seeks daily investment results, before fees and expenses, that correspond to triple (300%) the daily performance of the Dow Jones Industrial Average Index. The Fund invests in equity securities and derivatives that have similar daily performance characteristics as three times (300%) the daily return of the Index.