ProShares Ultra Dow30 (NYSEARCA:DDM – Get Free Report) shares reached a new 52-week high during trading on Monday . The stock traded as high as $64.68 and last traded at $64.5290, with a volume of 68379 shares. The stock had previously closed at $63.01.
ProShares Ultra Dow30 Stock Performance
The firm has a fifty day simple moving average of $59.22 and a 200 day simple moving average of $57.96. The company has a market capitalization of $577.25 million, a PE ratio of 20.98 and a beta of 1.74.
Institutional Inflows and Outflows
Institutional investors have recently bought and sold shares of the company. PNC Financial Services Group Inc. increased its holdings in ProShares Ultra Dow30 by 100.0% during the 4th quarter. PNC Financial Services Group Inc. now owns 500 shares of the company’s stock worth $28,000 after purchasing an additional 250 shares during the period. Bogart Wealth LLC purchased a new position in shares of ProShares Ultra Dow30 in the 1st quarter valued at $37,000. Qube Research & Technologies Ltd purchased a new position in shares of ProShares Ultra Dow30 in the 3rd quarter valued at $44,000. WealthShield Partners LLC increased its holdings in shares of ProShares Ultra Dow30 by 100.0% in the 4th quarter. WealthShield Partners LLC now owns 1,404 shares of the company’s stock valued at $80,000 after acquiring an additional 702 shares during the period. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in shares of ProShares Ultra Dow30 by 435.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,993 shares of the company’s stock valued at $113,000 after acquiring an additional 1,621 shares during the period.
About ProShares Ultra Dow30
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.
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