ProShares UltraPro Dow30 (NYSEARCA:UDOW) Hits New 1-Year High at $95.67

ProShares UltraPro Dow30 (NYSEARCA:UDOW)’s share price hit a new 52-week high on Monday . The stock traded as high as $95.67 and last traded at $95.47, with a volume of 193727 shares. The stock had previously closed at $94.85.

ProShares UltraPro Dow30 Stock Up 0.1 %

The company has a fifty day simple moving average of $86.48 and a 200-day simple moving average of $81.61.

Institutional Trading of ProShares UltraPro Dow30

Several hedge funds have recently made changes to their positions in UDOW. Larson Financial Group LLC acquired a new stake in shares of ProShares UltraPro Dow30 during the second quarter worth about $29,000. PNC Financial Services Group Inc. acquired a new position in ProShares UltraPro Dow30 in the 4th quarter valued at $108,000. Smith Chas P & Associates PA Cpas purchased a new position in ProShares UltraPro Dow30 during the first quarter worth about $213,000. Headlands Technologies LLC lifted its holdings in shares of ProShares UltraPro Dow30 by 7.5% in the 1st quarter. Headlands Technologies LLC now owns 2,563 shares of the company’s stock valued at $218,000 after buying an additional 179 shares during the period. Finally, Edgestream Partners L.P. acquired a new stake in ProShares UltraPro Dow30 in the second quarter valued at $272,000.

About ProShares UltraPro Dow30

ProShares UltraPro Dow30 seeks daily investment results, before fees and expenses, that correspond to triple (300%) the daily performance of the Dow Jones Industrial Average Index. The Fund invests in equity securities and derivatives that have similar daily performance characteristics as three times (300%) the daily return of the Index.