ProShares UltraPro Dow30 (NYSEARCA:UDOW – Get Free Report) shares saw strong trading volume on Wednesday . 1,154,307 shares were traded during trading, a decline of 38% from the previous session’s volume of 1,861,756 shares.The stock last traded at $98.52 and had previously closed at $93.84.
ProShares UltraPro Dow30 Price Performance
The stock’s 50-day moving average price is $102.15 and its 200 day moving average price is $93.90.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently bought and sold shares of the company. Hollencrest Capital Management increased its position in ProShares UltraPro Dow30 by 136.0% in the 3rd quarter. Hollencrest Capital Management now owns 295 shares of the company’s stock worth $28,000 after buying an additional 170 shares during the period. Farther Finance Advisors LLC increased its position in ProShares UltraPro Dow30 by 216.7% during the third quarter. Farther Finance Advisors LLC now owns 950 shares of the company’s stock worth $91,000 after acquiring an additional 650 shares during the period. JPMorgan Chase & Co. acquired a new position in ProShares UltraPro Dow30 during the 3rd quarter valued at $179,000. Koshinski Asset Management Inc. raised its stake in ProShares UltraPro Dow30 by 20.3% during the 4th quarter. Koshinski Asset Management Inc. now owns 13,051 shares of the company’s stock valued at $1,234,000 after purchasing an additional 2,199 shares during the last quarter. Finally, Smith Chas P & Associates PA Cpas bought a new stake in ProShares UltraPro Dow30 in the 3rd quarter valued at $240,000.
ProShares UltraPro Dow30 Company Profile
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.
Featured Stories
- Five stocks we like better than ProShares UltraPro Dow30
- What Are Dividend Contenders? Investing in Dividend Contenders
- Uber’s NVIDIA Deal and Buybacks Signal Major Upside
- 3 Must-Buy Warren Buffett Stocks for Volatile Times
- Top Growth Picks: 3 Low-Cost Stocks That Could Double in Value
- The Role Economic Reports Play in a Successful Investment Strategy
- Is Johnson & Johnson Stock Set to Reward Long-Term Holders?
Receive News & Ratings for ProShares UltraPro Dow30 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares UltraPro Dow30 and related companies with MarketBeat.com's FREE daily email newsletter.
