ProShares UltraPro Dow30 (NYSEARCA:UDOW) Hits New 1-Year High at $92.65

ProShares UltraPro Dow30 (NYSEARCA:UDOW)’s share price reached a new 52-week high on Monday . The stock traded as high as $92.65 and last traded at $92.79, with a volume of 421171 shares traded. The stock had previously closed at $90.63.

ProShares UltraPro Dow30 Trading Up 0.7 %

The stock’s fifty day moving average is $85.32 and its 200 day moving average is $81.15.

Institutional Trading of ProShares UltraPro Dow30

Several large investors have recently added to or reduced their stakes in the stock. Larson Financial Group LLC bought a new stake in shares of ProShares UltraPro Dow30 during the second quarter valued at approximately $29,000. PNC Financial Services Group Inc. purchased a new stake in shares of ProShares UltraPro Dow30 in the 4th quarter worth about $108,000. Smith Chas P & Associates PA Cpas purchased a new position in ProShares UltraPro Dow30 during the 1st quarter valued at about $213,000. Headlands Technologies LLC boosted its stake in ProShares UltraPro Dow30 by 7.5% during the first quarter. Headlands Technologies LLC now owns 2,563 shares of the company’s stock worth $218,000 after acquiring an additional 179 shares in the last quarter. Finally, Edgestream Partners L.P. purchased a new stake in ProShares UltraPro Dow30 in the second quarter worth about $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.