ProShares Ultra Semiconductors (NYSEARCA:USD – Get Free Report) gapped up before the market opened on Monday . The stock had previously closed at $73.32, but opened at $75.49. ProShares Ultra Semiconductors shares last traded at $73.96, with a volume of 151,999 shares traded.
ProShares Ultra Semiconductors Stock Performance
The stock’s 50 day moving average price is $91.30 and its 200-day moving average price is $64.51.
Institutional Inflows and Outflows
A number of institutional investors have recently added to or reduced their stakes in the business. Iron Horse Wealth Management LLC bought a new stake in shares of ProShares Ultra Semiconductors in the 1st quarter valued at about $29,000. Advisory Alpha LLC bought a new stake in shares of ProShares Ultra Semiconductors in the 4th quarter valued at about $278,000. Simplex Trading LLC boosted its stake in ProShares Ultra Semiconductors by 16.9% in the 4th quarter. Simplex Trading LLC now owns 11,645 shares of the company’s stock worth $633,000 after purchasing an additional 1,686 shares in the last quarter. Deutsche Bank AG acquired a new stake in ProShares Ultra Semiconductors in the 3rd quarter worth approximately $646,000. Finally, US Asset Management LLC acquired a new stake in ProShares Ultra Semiconductors in the 4th quarter worth approximately $702,000.
About ProShares Ultra Semiconductors
ProShares Ultra Semiconductors (the Fund) seeks daily investment results that correspond to twice (200%) the daily performance of the Dow Jones U.S. Semiconductor Index (the Index). The Fund intends to invest at least 80% of its net assets, including any borrowings for investment purposes, under normal circumstances, to equity securities contained in the Index and/or financial instruments that, in combination, have similar economic characteristics.
See Also
- Five stocks we like better than ProShares Ultra Semiconductors
- Business Services Stocks Investing
- It’s Time to Buy Into the Super Micro Computer Stock Implosion
- What is a buyback in stocks? A comprehensive guide for investors
- Merger or Not, Albertson’s Companies is a Good Buy
- Investing in the High PE Growth Stocks
- 3 Cheap Stocks That Shouldn’t Be So
Receive News & Ratings for ProShares Ultra Semiconductors Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares Ultra Semiconductors and related companies with MarketBeat.com's FREE daily email newsletter.