ProShares Ultra Financials (NYSEARCA:UYG – Get Free Report) reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $97.00 and last traded at $97.00, with a volume of 1729 shares changing hands. The stock had previously closed at $95.91.
ProShares Ultra Financials Stock Performance
The stock has a 50-day simple moving average of $83.68 and a 200 day simple moving average of $73.85.
Institutional Inflows and Outflows
Institutional investors have recently modified their holdings of the company. Strategic Investment Solutions Inc. IL purchased a new position in ProShares Ultra Financials during the 3rd quarter worth approximately $92,000. Creative Planning purchased a new position in shares of ProShares Ultra Financials during the third quarter worth $200,000. Parisi Gray Wealth Management acquired a new position in ProShares Ultra Financials during the third quarter valued at $207,000. Great Valley Advisor Group Inc. purchased a new stake in ProShares Ultra Financials in the third quarter valued at $212,000. Finally, James J. Burns & Company LLC acquired a new stake in ProShares Ultra Financials during the 3rd quarter worth about $218,000.
ProShares Ultra Financials Company Profile
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.
Further Reading
- Five stocks we like better than ProShares Ultra Financials
- 3 Warren Buffett Stocks to Buy Now
- Eli Lilly, Pfizer, and AstraZeneca: 2025 Vaccine Makers to Watch
- What Does a Gap Up Mean in Stocks? How to Play the Gap
- DICK’S Sporting Goods: The Under-the-Radar Buy-and-Hold Winner
- 3 Healthcare Dividend Stocks to Buy
- 2 Cheap Quantum Computing Stocks to Buy Instead of Chasing IonQ
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.
