ProShares Ultra MSCI Emerging Markets (NYSEARCA:EET) Stock Price Cross Above Two Hundred Day Moving Average of $53.37

Shares of ProShares Ultra MSCI Emerging Markets (NYSEARCA:EET) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $53.37 and traded as high as $54.28. ProShares Ultra MSCI Emerging Markets shares last traded at $53.84, with a volume of 456 shares trading hands.

ProShares Ultra MSCI Emerging Markets Stock Down 0.4 %

The firm’s 50 day moving average price is $53.97 and its two-hundred day moving average price is $53.39.

Institutional Trading of ProShares Ultra MSCI Emerging Markets

A hedge fund recently bought a new stake in ProShares Ultra MSCI Emerging Markets stock. IMC Chicago LLC bought a new position in shares of ProShares Ultra MSCI Emerging Markets (NYSEARCA:EET) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 11,942 shares of the exchange traded fund’s stock, valued at approximately $607,000. IMC Chicago LLC owned 3.41% of ProShares Ultra MSCI Emerging Markets as of its most recent filing with the Securities and Exchange Commission (SEC).

About ProShares Ultra MSCI Emerging Markets

ProShares Ultra MSCI Emerging Markets (the Fund) seeks daily investment results that correspond to twice (200%) the daily performance of the MSCI Emerging Markets Index (the Index). The Index adjusts the market capitalization of index constituents for free float and targets for index inclusion 85% of free float-adjusted market capitalization in each industry group in global emerging markets countries.