IMC Chicago LLC lessened its stake in ProShares Ultra MSCI Emerging Markets (NYSEARCA:EET – Free Report) by 57.3% in the first quarter, HoldingsChannel reports. The firm owned 5,667 shares of the exchange traded fund’s stock after selling 7,604 shares during the period. IMC Chicago LLC’s holdings in ProShares Ultra MSCI Emerging Markets were worth $475,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds have also added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of ProShares Ultra MSCI Emerging Markets by 54,900.0% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,100 shares of the exchange traded fund’s stock valued at $89,000 after buying an additional 1,098 shares during the period. Global Assets Advisory LLC purchased a new position in shares of ProShares Ultra MSCI Emerging Markets in the 1st quarter worth $89,000. Jane Street Group LLC bought a new stake in shares of ProShares Ultra MSCI Emerging Markets in the second quarter worth $428,000. PMV Capital Advisers LLC grew its holdings in shares of ProShares Ultra MSCI Emerging Markets by 556.2% in the first quarter. PMV Capital Advisers LLC now owns 13,781 shares of the exchange traded fund’s stock worth $1,154,000 after acquiring an additional 11,681 shares during the period. Finally, Legacy Wealth Partners LLC increased its position in ProShares Ultra MSCI Emerging Markets by 91.3% during the first quarter. Legacy Wealth Partners LLC now owns 14,842 shares of the exchange traded fund’s stock valued at $1,243,000 after acquiring an additional 7,084 shares during the last quarter.
ProShares Ultra MSCI Emerging Markets Trading Down 4.5%
ProShares Ultra MSCI Emerging Markets stock opened at $102.45 on Friday. ProShares Ultra MSCI Emerging Markets has a one year low of $63.08 and a one year high of $129.02. The stock has a fifty day moving average of $114.02 and a 200 day moving average of $100.58.
ProShares Ultra MSCI Emerging Markets Company Profile
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. The Index consists of 25 emerging market country indexes, including Argentina, Brazil, Chile, China, Colombia, Czech Republic, Egypt, Hungary, India, Indonesia, Israel, Jordan, Korea, Malaysia, Mexico, Morocco, Pakistan, Peru, the Philippines, Poland, Russia, South Africa, Taiwan, Thailand and Turkey.
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