ProShares Ultra MSCI Emerging Markets (NYSEARCA:EET – Get Free Report)’s share price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $55.74 and traded as low as $52.42. ProShares Ultra MSCI Emerging Markets shares last traded at $52.67, with a volume of 2,076 shares trading hands.
ProShares Ultra MSCI Emerging Markets Stock Performance
The company’s 50 day moving average is $58.06 and its 200-day moving average is $55.74.
Institutional Investors Weigh In On ProShares Ultra MSCI Emerging Markets
An institutional investor recently raised its position in ProShares Ultra MSCI Emerging Markets stock. Flow Traders U.S. LLC grew its position in shares of ProShares Ultra MSCI Emerging Markets (NYSEARCA:EET – Free Report) by 23.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 30,208 shares of the exchange traded fund’s stock after acquiring an additional 5,693 shares during the quarter. Flow Traders U.S. LLC owned 10.07% of ProShares Ultra MSCI Emerging Markets worth $1,835,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
About ProShares Ultra MSCI Emerging Markets
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.
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