ProShares Ultra Real Estate (NYSEARCA:URE) Shares Sold by Corient Private Wealth LLC

Corient Private Wealth LLC trimmed its stake in shares of ProShares Ultra Real Estate (NYSEARCA:URE) by 50.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 21,570 shares of the company’s stock after selling 21,556 shares during the quarter. Corient Private Wealth LLC owned about 2.09% of ProShares Ultra Real Estate worth $1,348,000 as of its most recent filing with the Securities and Exchange Commission.

Separately, Belvedere Trading LLC bought a new stake in ProShares Ultra Real Estate during the fourth quarter worth approximately $268,000.

ProShares Ultra Real Estate Stock Performance

Shares of NYSEARCA URE opened at $64.14 on Wednesday. ProShares Ultra Real Estate has a 1 year low of $49.68 and a 1 year high of $78.47. The firm has a market cap of $63.42 million, a P/E ratio of 33.62 and a beta of 2.12. The stock has a fifty day moving average price of $65.68 and a two-hundred day moving average price of $68.92.

About ProShares Ultra Real Estate

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.