ProShares Ultra Industrials (NYSEARCA:UXI) shares traded up 1.7% during mid-day trading on Thursday . The stock traded as high as $85.40 and last traded at $85.20, 1,103 shares traded hands during mid-day trading. A decline of 29% from the average session volume of 1,555 shares. The stock had previously closed at $83.75.
The firm’s fifty day moving average is $78.32 and its 200-day moving average is $76.79.
An institutional investor recently bought a new position in ProShares Ultra Industrials stock. Jane Street Group LLC bought a new position in shares of ProShares Ultra Industrials (NYSEARCA:UXI) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 19,236 shares of the company’s stock, valued at approximately $1,516,000. Jane Street Group LLC owned 7.69% of ProShares Ultra Industrials at the end of the most recent quarter.
ProShares Ultra Industrials (the Fund) seeks daily investment results that correspond to twice the daily performance of the Dow Jones United States Industrials Index. The Dow Jones United States Industrials Index measures the performance of the industrial industry of the United States equity market. Component companies include building materials, heavy construction, factory equipment, heavy machinery, industrial services, pollution control, containers and packaging, industrial diversified, air freight, marine transportation, railroads, trucking, land-transportation equipment, shipbuilding, transportation services, advanced industrial equipment, electric components and equipment, and aerospace.
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