ProShares Ultra Semiconductors (NYSEARCA:USD – Get Free Report) dropped 4.1% during trading on Friday . The stock traded as low as $72.86 and last traded at $73.09. Approximately 378,597 shares were traded during mid-day trading, a decline of 49% from the average daily volume of 747,233 shares. The stock had previously closed at $76.24.
ProShares Ultra Semiconductors Trading Down 4.2 %
The business’s fifty day moving average is $66.74 and its 200 day moving average is $64.07.
Institutional Trading of ProShares Ultra Semiconductors
Institutional investors have recently bought and sold shares of the company. Bogart Wealth LLC purchased a new position in ProShares Ultra Semiconductors during the third quarter worth approximately $120,000. Scientech Research LLC purchased a new stake in ProShares Ultra Semiconductors during the second quarter valued at about $220,000. Pure Financial Advisors LLC raised its holdings in shares of ProShares Ultra Semiconductors by 100.0% in the 4th quarter. Pure Financial Advisors LLC now owns 3,436 shares of the company’s stock worth $224,000 after purchasing an additional 1,718 shares during the period. Spire Wealth Management raised its holdings in shares of ProShares Ultra Semiconductors by 100.1% in the 4th quarter. Spire Wealth Management now owns 3,751 shares of the company’s stock worth $244,000 after purchasing an additional 1,876 shares during the period. Finally, Plotkin Financial Advisors LLC acquired a new position in shares of ProShares Ultra Semiconductors in the 3rd quarter valued at about $226,000.
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.
Featured Stories
- Five stocks we like better than ProShares Ultra Semiconductors
- What Does Downgrade Mean in Investing?
- Why Energy Transfer Stock Could Soar to New Highs in 2025
- With Risk Tolerance, One Size Does Not Fit All
- 3 Buy-and-Hold Stocks for Long-Term Growth
- Short Selling: How to Short a Stock
- Despite Short-Term Risks Freeport McMoran Worth a Look
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.
