ProShares Ultra MSCI Emerging Markets (NYSEARCA:EET) Stock Price Pass Above 200 Day Moving Average – Here’s What Happened

ProShares Ultra MSCI Emerging Markets (NYSEARCA:EET)’s share price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $89.91 and traded as high as $109.84. ProShares Ultra MSCI Emerging Markets shares last traded at $107.63, with a volume of 53,974 shares trading hands.

ProShares Ultra MSCI Emerging Markets Stock Performance

The stock has a 50 day simple moving average of $95.94 and a 200-day simple moving average of $89.91.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Global Assets Advisory LLC purchased a new position in shares of ProShares Ultra MSCI Emerging Markets during the 1st quarter valued at about $89,000. Northwestern Mutual Wealth Management Co. lifted its position 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 in the last quarter. IMC Chicago LLC lifted its position in shares of ProShares Ultra MSCI Emerging Markets by 24.0% during the 4th quarter. IMC Chicago LLC now owns 13,271 shares of the exchange traded fund’s stock valued at $1,070,000 after buying an additional 2,565 shares in the last quarter. Jane Street Group LLC lifted its position in shares of ProShares Ultra MSCI Emerging Markets by 94.1% during the 4th quarter. Jane Street Group LLC now owns 5,975 shares of the exchange traded fund’s stock valued at $482,000 after buying an additional 2,896 shares in the last quarter. Finally, Legacy Wealth Partners LLC lifted its position in shares of ProShares Ultra MSCI Emerging Markets by 91.3% during the 1st quarter. Legacy Wealth Partners LLC now owns 14,842 shares of the exchange traded fund’s stock valued at $1,243,000 after buying an additional 7,084 shares in the last quarter.

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.