ProShares Ultra Semiconductors (NYSEARCA:USD) Sees Unusually-High Trading Volume – Still a Buy?

ProShares Ultra Semiconductors (NYSEARCA:USD – Get Free Report) shares saw unusually-high trading volume on Friday . Approximately 430,289 shares traded hands during mid-day trading, a decline of 17% from the previous session’s volume of 516,799 shares.The stock last traded at $70.56 and had previously closed at $67.56. ProShares Ultra Semiconductors Stock Performance The company’s 50 [...]

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ProShares Ultra Semiconductors ( NYSEARCA:USD – Get Free Report ) shares saw unusually-high trading volume on Friday . Approximately 430,289 shares traded hands during mid-day trading, a decline of 17% from the previous session’s volume of 516,799 shares.The stock last traded at $70.

56 and had previously closed at $67.56. ProShares Ultra Semiconductors Stock Performance The company’s 50 day moving average is $68.



15 and its 200 day moving average is $64.52. Institutional Trading of ProShares Ultra Semiconductors Several institutional investors have recently modified their holdings of USD.

Client First Investment Management LLC boosted its position in shares of ProShares Ultra Semiconductors by 750.4% during the 2nd quarter. Client First Investment Management LLC now owns 31,091 shares of the company’s stock valued at $4,325,000 after acquiring an additional 27,435 shares in the last quarter.

IMC Chicago LLC raised its position in ProShares Ultra Semiconductors by 120.0% in the third quarter. IMC Chicago LLC now owns 30,468 shares of the company’s stock worth $3,653,000 after purchasing an additional 16,620 shares in the last quarter.

Plotkin Financial Advisors LLC bought a new position in ProShares Ultra Semiconductors during the third quarter worth about $226,000. Scientech Research LLC acquired a new stake in ProShares Ultra Semiconductors during the second quarter valued at approximately $220,000. Finally, Bogart Wealth LLC bought a new stake in shares of ProShares Ultra Semiconductors in the 3rd quarter valued at approximately $120,000.

ProShares Ultra Semiconductors Company Profile ProShares Ultra Semiconductors (the Fund) seeks daily investment results that correspond to twice (200%) the daily performance of the Dow Jones U.S. Semiconductor Index (the Index).

The Fund intends to invest at least 80% of its net assets, including any borrowings for investment purposes, under normal circumstances, to equity securities contained in the Index and/or financial instruments that, in combination, have similar economic characteristics. Read More Receive News & Ratings for ProShares Ultra Semiconductors Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares Ultra Semiconductors and related companies with MarketBeat.com's FREE daily email newsletter .

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