ProShares UltraPro Dow30 (NYSEARCA:UDOW) Sets New 1-Year High at $95.67

ProShares UltraPro Dow30 (NYSEARCA:UDOW) reached a new 52-week high on Monday . The company traded as high as $95.67 and last traded at $95.47, with a volume of 193727 shares changing hands. The stock had previously closed at $94.85.

ProShares UltraPro Dow30 Price Performance

The stock has a 50 day simple moving average of $86.48 and a 200 day simple moving average of $81.61.

Institutional Trading of ProShares UltraPro Dow30

Hedge funds have recently modified their holdings of the business. Headlands Technologies LLC raised its position in shares of ProShares UltraPro Dow30 by 7.5% in the 1st quarter. Headlands Technologies LLC now owns 2,563 shares of the company’s stock worth $218,000 after purchasing an additional 179 shares during the last quarter. Larson Financial Group LLC purchased a new position in ProShares UltraPro Dow30 in the second quarter worth about $29,000. PNC Financial Services Group Inc. purchased a new position in ProShares UltraPro Dow30 in the fourth quarter worth about $108,000. Smith Chas P & Associates PA Cpas bought a new position in shares of ProShares UltraPro Dow30 in the first quarter worth approximately $213,000. Finally, Edgestream Partners L.P. bought a new stake in shares of ProShares UltraPro Dow30 during the second quarter valued at approximately $272,000.

About ProShares UltraPro Dow30

ProShares UltraPro Dow30 seeks daily investment results, before fees and expenses, that correspond to triple (300%) the daily performance of the Dow Jones Industrial Average Index. The Fund invests in equity securities and derivatives that have similar daily performance characteristics as three times (300%) the daily return of the Index.