ProShares Ultra Real Estate (NYSEARCA:URE) Trading 0.3% Higher

ProShares Ultra Real Estate (NYSEARCA:URE)’s stock price rose 0.3% during mid-day trading on Monday . The stock traded as high as $56.97 and last traded at $56.83. Approximately 1,560 shares changed hands during mid-day trading, a decline of 67% from the average daily volume of 4,696 shares. The stock had previously closed at $56.66.

ProShares Ultra Real Estate Stock Up 0.3 %

The firm has a 50 day moving average price of $55.52 and a 200-day moving average price of $57.45.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in ProShares Ultra Real Estate stock. Tower Research Capital LLC TRC acquired a new stake in ProShares Ultra Real Estate (NYSEARCA:URE) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 429 shares of the company’s stock, valued at approximately $27,000.

About ProShares Ultra Real Estate

ProShares Ultra Real Estate (the Fund) seeks daily investment results that correspond to twice (200%) the daily performance of the Dow Jones U.S. Real Estate Index (the Index). The Index measures the performance of the real estate sector of the United States equity market. Component companies include those that invest directly or indirectly through development, management or ownership of shopping malls, apartment buildings and housing developments, and real estate investment trusts (REITs) that invest in apartments, office and retail properties.