ProShares Ultra MSCI Emerging Markets (NYSEARCA:EET) Stock Price Pass Above 200 Day Moving Average of $53.37

ProShares Ultra MSCI Emerging Markets (NYSEARCA:EET)’s stock price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred 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 changing hands.

ProShares Ultra MSCI Emerging Markets Stock Down 0.8 %

The company has a 50-day simple moving average of $54.02 and a two-hundred day simple moving average of $53.37.

Institutional Investors Weigh In On ProShares Ultra MSCI Emerging Markets

An institutional investor recently bought a new position in ProShares Ultra MSCI Emerging Markets stock. IMC Chicago LLC purchased a new stake in ProShares Ultra MSCI Emerging Markets (NYSEARCA:EET) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 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 SEC filing.

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.