IMC Chicago LLC Invests $752,000 in ProShares Ultra Utilities (NYSEARCA:UPW)

IMC Chicago LLC purchased a new position in ProShares Ultra Utilities (NYSEARCA:UPW) during the 4th quarter, HoldingsChannel reports. The fund purchased 14,181 shares of the company’s stock, valued at approximately $752,000. IMC Chicago LLC owned 0.07% of ProShares Ultra Utilities at the end of the most recent quarter.

ProShares Ultra Utilities Trading Down 2.7 %

Shares of ProShares Ultra Utilities stock traded down $1.83 during trading on Thursday, hitting $64.78. The stock had a trading volume of 2,401 shares, compared to its average volume of 3,021. ProShares Ultra Utilities has a 12 month low of $40.26 and a 12 month high of $68.22. The business’s 50-day moving average is $57.84 and its 200 day moving average is $53.43.

ProShares Ultra Utilities Company Profile

ProShares Ultra Utilities (the Fund) seeks daily investment results that correspond to twice (200%) the daily performance of the Dow Jones U.S. Utilities 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.