ProShares Ultra Real Estate (NYSEARCA:URE) Stock Price Down 1.5% – What’s Next?

ProShares Ultra Real Estate (NYSEARCA:UREGet Free Report) fell 1.5% during trading on Tuesday . The company traded as low as $60.22 and last traded at $60.27. 3,835 shares traded hands during mid-day trading, a decline of 55% from the average session volume of 8,434 shares. The stock had previously closed at $61.18.

ProShares Ultra Real Estate Stock Up 0.9 %

The business has a fifty day simple moving average of $68.53 and a 200 day simple moving average of $68.60.

About ProShares Ultra Real Estate

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ProShares Ultra Real Estate (the Fund) seeks daily investment results that correspond to twice (200%) the daily performance of the Dow Jones U.S. Real Estate Index (the Index). The Index measures the performance of the real estate sector of the United States equity market. Component companies include those that invest directly or indirectly through development, management or ownership of shopping malls, apartment buildings and housing developments, and real estate investment trusts (REITs) that invest in apartments, office and retail properties.

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