ProShares Ultra Semiconductors (NYSEARCA:USD) Shares Scheduled to Split on Wednesday, November 6th

ProShares Ultra Semiconductors (NYSEARCA:USD)’s stock is going to split on Wednesday, November 6th. The 2-1 split was announced on Monday, October 28th. The newly issued shares will be distributed to shareholders after the market closes on Tuesday, November 5th.

ProShares Ultra Semiconductors Stock Up 3.0 %

USD stock opened at $127.58 on Friday. The firm’s fifty day simple moving average is $121.41 and its 200-day simple moving average is $119.80. ProShares Ultra Semiconductors has a 12 month low of $36.58 and a 12 month high of $170.13.

Institutional Trading of ProShares Ultra Semiconductors

Large investors have recently made changes to their positions in the company. IMC Chicago LLC boosted its stake in ProShares Ultra Semiconductors by 120.0% during the third quarter. IMC Chicago LLC now owns 30,468 shares of the company’s stock worth $3,653,000 after buying an additional 16,620 shares during the last quarter. Bogart Wealth LLC purchased a new position in shares of ProShares Ultra Semiconductors during the 3rd quarter worth $120,000. Scientech Research LLC acquired a new position in shares of ProShares Ultra Semiconductors during the 2nd quarter valued at about $220,000. Client First Investment Management LLC grew its holdings in shares of ProShares Ultra Semiconductors by 750.4% in the second quarter. Client First Investment Management LLC now owns 31,091 shares of the company’s stock valued at $4,325,000 after purchasing an additional 27,435 shares during the period. Finally, First National Trust Co acquired a new stake in ProShares Ultra Semiconductors during the second quarter worth about $223,000.

ProShares Ultra Semiconductors Company Profile

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.