ProShares UltraPro Dow30 (NYSEARCA:UDOW) Sets New 52-Week Low – Here’s What Happened

Posted by Tammy Falkenburg on Apr 6th, 2025

ProShares UltraPro Dow30 (NYSEARCA:UDOW – Get Free Report) reached a new 52-week low on Friday . The company traded as low as $70.83 and last traded at $70.41, with a volume of 897310 shares. The stock had previously closed at $78.53.

ProShares UltraPro Dow30 Price Performance

The firm has a market capitalization of $479.03 million, a PE ratio of 20.78 and a beta of 2.76. The company has a 50-day moving average price of $96.61 and a 200-day moving average price of $98.79.

ProShares UltraPro Dow30 Increases Dividend

The company also recently announced a dividend, which was paid on Tuesday, April 1st. Shareholders of record on Wednesday, March 26th were issued a $0.3172 dividend. This is a positive change from ProShares UltraPro Dow30’s previous dividend of $0.31. The ex-dividend date of this dividend was Wednesday, March 26th.

Institutional Investors Weigh In On ProShares UltraPro Dow30

A number of hedge funds and other institutional investors have recently modified their holdings of UDOW. Spire Wealth Management acquired a new position in ProShares UltraPro Dow30 in the fourth quarter valued at $19,759,000. IMC Chicago LLC acquired a new position in shares of ProShares UltraPro Dow30 during the 4th quarter valued at about $2,503,000. Simplex Trading LLC lifted its holdings in shares of ProShares UltraPro Dow30 by 343.8% during the 4th quarter. Simplex Trading LLC now owns 24,732 shares of the company’s stock worth $2,338,000 after acquiring an additional 19,159 shares during the period. GTS Securities LLC boosted its position in shares of ProShares UltraPro Dow30 by 58.9% in the fourth quarter. GTS Securities LLC now owns 36,482 shares of the company’s stock worth $3,447,000 after acquiring an additional 13,517 shares during the last quarter. Finally, KG&L Capital Management LLC acquired a new stake in shares of ProShares UltraPro Dow30 in the fourth quarter worth approximately $880,000.

ProShares UltraPro Dow30 Company Profile

(Get Free Report)

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.