ProShares Ultra MSCI Emerging Markets (NYSEARCA:EET) Shares Cross Above 200-Day Moving Average – Here’s What Happened

Shares of ProShares Ultra MSCI Emerging Markets (NYSEARCA:EETGet Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $55.04 and traded as high as $57.69. ProShares Ultra MSCI Emerging Markets shares last traded at $57.57, with a volume of 3,244 shares changing hands.

ProShares Ultra MSCI Emerging Markets Trading Down 1.1 %

The business’s fifty day simple moving average is $53.63 and its 200-day simple moving average is $55.04.

Institutional Trading of ProShares Ultra MSCI Emerging Markets

An institutional investor recently raised its position in ProShares Ultra MSCI Emerging Markets stock. Cassaday & Co Wealth Management LLC lifted its position in shares of ProShares Ultra MSCI Emerging Markets (NYSEARCA:EETFree Report) by 3.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 33,520 shares of the exchange traded fund’s stock after purchasing an additional 1,000 shares during the period. Cassaday & Co Wealth Management LLC owned 11.17% of ProShares Ultra MSCI Emerging Markets worth $1,692,000 as of its most recent SEC filing.

ProShares Ultra MSCI Emerging Markets Company Profile

(Get Free Report)

ProShares Ultra MSCI Emerging Markets (the Fund) seeks daily investment results that correspond to twice (200%) the daily performance of the MSCI Emerging Markets Index (the Index). The Index adjusts the market capitalization of index constituents for free float and targets for index inclusion 85% of free float-adjusted market capitalization in each industry group in global emerging markets countries.

Further Reading

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