ProShares Ultra Bloomberg Crude Oil (NYSEARCA:UCO – Get Free Report)’s stock price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $27.34 and traded as high as $28.26. ProShares Ultra Bloomberg Crude Oil shares last traded at $28.16, with a volume of 1,609,466 shares traded.
ProShares Ultra Bloomberg Crude Oil Stock Performance
The business has a 50-day moving average price of $28.03 and a two-hundred day moving average price of $27.34.
Institutional Trading of ProShares Ultra Bloomberg Crude Oil
Large investors have recently made changes to their positions in the company. Farther Finance Advisors LLC acquired a new stake in shares of ProShares Ultra Bloomberg Crude Oil during the 3rd quarter worth about $25,000. Wells Fargo & Company MN acquired a new position in shares of ProShares Ultra Bloomberg Crude Oil in the 4th quarter valued at $28,000. SG Americas Securities LLC grew its position in shares of ProShares Ultra Bloomberg Crude Oil by 27.0% in the 4th quarter. SG Americas Securities LLC now owns 5,240 shares of the exchange traded fund’s stock valued at $144,000 after buying an additional 1,114 shares during the last quarter. Spire Wealth Management acquired a new stake in ProShares Ultra Bloomberg Crude Oil during the 4th quarter worth $192,000. Finally, WT Wealth Management purchased a new stake in ProShares Ultra Bloomberg Crude Oil in the fourth quarter valued at $202,000.
ProShares Ultra Bloomberg Crude Oil Company Profile
ProShares Ultra DJ-UBS Crude Oil seeks daily investment results that correspond to twice (200%) the daily performance of the Dow Jones UBS Crude Oil Sub-Index. The Dow Jones-UBS Crude Oil Sub-Index is intended to reflect the performance of crude oil as measured by the price of futures contracts of sweet, light crude oil traded on the New York Mercantile Exchange (the NYMEX), including roll costs, without regard to income earned on cash positions.
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