20,907 Shares in ProShares Ultra Consumer Staples $UGE Acquired by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. purchased a new stake in shares of ProShares Ultra Consumer Staples (NYSEARCA:UGE) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 20,907 shares of the company’s stock, valued at approximately $388,000. Envestnet Asset Management Inc. owned approximately 5.10% of ProShares Ultra Consumer Staples at the end of the most recent reporting period.

ProShares Ultra Consumer Staples Price Performance

NYSEARCA UGE opened at $17.24 on Thursday. The stock has a market capitalization of $11.55 million, a price-to-earnings ratio of 23.21 and a beta of 1.56. ProShares Ultra Consumer Staples has a 1-year low of $15.74 and a 1-year high of $20.49. The business’s fifty day moving average price is $16.90 and its 200-day moving average price is $18.00.

ProShares Ultra Consumer Staples Profile

ProShares Ultra Consumer Goods (the Fund) seeks daily investment results that correspond to twice (200%) the daily performance of the Dow Jones U.S. Consumer Goods 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.