ProShares Decline of the Retail Store ETF (NYSEARCA:EMTY) Shares Up 0.8% – What’s Next?

ProShares Decline of the Retail Store ETF (NYSEARCA:EMTY)’s share price shot up 0.8% during mid-day trading on Tuesday . The company traded as high as $13.73 and last traded at $13.72. 2,392 shares were traded during trading, a decline of 69% from the average session volume of 7,632 shares. The stock had previously closed at $13.61.

ProShares Decline of the Retail Store ETF Stock Performance

The business’s 50 day simple moving average is $13.65 and its 200-day simple moving average is $13.89.

Institutional Trading of ProShares Decline of the Retail Store ETF

An institutional investor recently raised its position in ProShares Decline of the Retail Store ETF stock. SG Americas Securities LLC lifted its stake in ProShares Decline of the Retail Store ETF (NYSEARCA:EMTY) by 83.6% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 24,310 shares of the company’s stock after acquiring an additional 11,066 shares during the period. SG Americas Securities LLC owned 7.37% of ProShares Decline of the Retail Store ETF worth $335,000 as of its most recent filing with the Securities and Exchange Commission.

ProShares Decline of the Retail Store ETF Company Profile

The ProShares Decline of the Retail Store ETF (EMTY) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund provides inverse exposure to an equally weighted index of US stocks in the retail industry using swap agreements. EMTY was launched on Nov 14, 2017 and is managed by ProShares.