Shares of ProShares Ultra Real Estate (NYSEARCA:URE – Get Free Report) traded down 1.9% on Monday . The stock traded as low as $71.57 and last traded at $71.57. 13,611 shares traded hands during mid-day trading, an increase of 120% from the average session volume of 6,184 shares. The stock had previously closed at $72.99.
ProShares Ultra Real Estate Stock Down 1.9 %
The company has a 50 day simple moving average of $73.89 and a two-hundred day simple moving average of $64.86.
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.
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