ProShares Ultra Semiconductors (NYSEARCA:USD) Stock Price Up 3.1%
ProShares Ultra Semiconductors (NYSEARCA:USD) shares rose 3.1% on Friday . The stock traded as high as $43.48 and last traded at $43.48, approximately 131 shares were traded during trading. A decline of 100% from the average daily volume of 34,623 shares. The stock had previously closed at $42.16.
The business’s 50-day simple moving average is $37.80.
An institutional investor recently raised its position in ProShares Ultra Semiconductors stock. Jane Street Group LLC grew its stake in ProShares Ultra Semiconductors (NYSEARCA:USD) by 22.8% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 9,275 shares of the company’s stock after purchasing an additional 1,723 shares during the quarter. Jane Street Group LLC owned about 0.74% of ProShares Ultra Semiconductors worth $275,000 at the end of the most recent quarter.
ProShares Ultra Semiconductors (the Fund) seeks daily investment results that correspond to twice (200%) the daily performance of the Dow Jones U.S. Semiconductor 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.
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