ProShares Ultra Financials (NYSEARCA:UYG – Get Free Report) shares hit a new 52-week high during trading on Thursday . The company traded as high as $98.01 and last traded at $97.71, with a volume of 8149 shares traded. The stock had previously closed at $95.54.
ProShares Ultra Financials Stock Up 1.9 %
The company has a 50-day moving average price of $89.93 and a two-hundred day moving average price of $81.31.
Institutional Investors Weigh In On ProShares Ultra Financials
Hedge funds have recently bought and sold shares of the business. Strategic Investment Solutions Inc. IL bought a new position in ProShares Ultra Financials during the 3rd quarter worth $92,000. Creative Planning bought a new stake in ProShares Ultra Financials in the 3rd quarter valued at about $200,000. Parisi Gray Wealth Management acquired a new position in ProShares Ultra Financials during the 3rd quarter valued at about $207,000. Great Valley Advisor Group Inc. bought a new position in ProShares Ultra Financials in the 3rd quarter worth about $212,000. Finally, James J. Burns & Company LLC acquired a new stake in shares of ProShares Ultra Financials in the third quarter valued at approximately $218,000.
About ProShares Ultra Financials
ProShares Ultra Financials (the Fund) seeks daily investment results that correspond to twice the daily performance of the Dow Jones U.S. Financials Index. The Dow Jones U.S. Financials Index measures the performance of the financial services industry of the United States equity market. Component companies include regional banks; United States domiciled international banks; full line, life, and property and casualty insurance companies; companies that invest, directly or indirectly in real estate; diversified financial companies, such as credit card issuers, check cashing companies, mortgage lenders and investment advisers; securities brokers and dealers including investment banks, merchant banks and online brokers; and publicly traded stock exchanges.
Recommended Stories
- Five stocks we like better than ProShares Ultra Financials
- How to Use High Beta Stocks to Maximize Your Investing Profits
- How Growth Investors Find High-Growth Stocks and Maximize Returns
- Where Do I Find 52-Week Highs and Lows?
- Meta’s AI & Smart Glasses Could Drive 20%+ Upside in 2025
- Investing In Preferred Stock vs. Common Stock
- NVIDIA’s Slide Continues: Can Retail Investors Stop the Fall?
Receive News & Ratings for ProShares Ultra Financials Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares Ultra Financials and related companies with MarketBeat.com's FREE daily email newsletter.
