ProShares Ultra MSCI Emerging Markets (NYSEARCA:EET) Stock Price Pass Above 200 Day Moving Average of $59.10

ProShares Ultra MSCI Emerging Markets (NYSEARCA:EET) shares passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $59.10 and traded as high as $67.68. ProShares Ultra MSCI Emerging Markets shares last traded at $67.01, with a volume of 4,054 shares changing hands.

The stock’s fifty day moving average is $62.47 and its 200-day moving average is $59.10.

Several institutional investors and hedge funds have recently made changes to their positions in the stock. UBS Group AG increased its stake in ProShares Ultra MSCI Emerging Markets by 270.5% in the first quarter. UBS Group AG now owns 1,671 shares of the exchange traded fund’s stock valued at $71,000 after purchasing an additional 1,220 shares during the last quarter. Jane Street Group LLC increased its stake in ProShares Ultra MSCI Emerging Markets by 57.5% in the first quarter. Jane Street Group LLC now owns 19,366 shares of the exchange traded fund’s stock valued at $818,000 after purchasing an additional 7,067 shares during the last quarter. Finally, Advisor Group Holdings Inc. purchased a new position in ProShares Ultra MSCI Emerging Markets in the first quarter valued at approximately $36,000.

ProShares Ultra MSCI Emerging Markets Company Profile (NYSEARCA:EET)

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.

See Also: Investing in Blue-Chip Stocks

Receive News & Ratings for ProShares Ultra MSCI Emerging Markets Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares Ultra MSCI Emerging Markets and related companies with MarketBeat.com's FREE daily email newsletter.