ProShares Ultra Semiconductors (NYSEARCA:USD – Get Free Report)’s stock price gapped up prior to trading on Wednesday . The stock had previously closed at $128.21, but opened at $132.38. ProShares Ultra Semiconductors shares last traded at $128.74, with a volume of 55,456 shares traded.
ProShares Ultra Semiconductors Stock Performance
The company’s 50-day moving average price is $117.92 and its 200 day moving average price is $116.68.
Institutional Investors Weigh In On ProShares Ultra Semiconductors
A number of hedge funds have recently modified their holdings of USD. Scientech Research LLC bought a new position in shares of ProShares Ultra Semiconductors during the 2nd quarter valued at approximately $220,000. Client First Investment Management LLC lifted its holdings in shares of ProShares Ultra Semiconductors by 750.4% in the second quarter. Client First Investment Management LLC now owns 31,091 shares of the company’s stock worth $4,325,000 after buying an additional 27,435 shares in the last quarter. First National Trust Co purchased a new position in ProShares Ultra Semiconductors during the second quarter valued at $223,000. Cambridge Investment Research Advisors Inc. boosted its holdings in shares of ProShares Ultra Semiconductors by 514.2% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 22,891 shares of the company’s stock valued at $3,185,000 after purchasing an additional 19,164 shares during the last quarter. Finally, Pure Financial Advisors LLC bought a new stake in shares of ProShares Ultra Semiconductors in the second quarter worth about $239,000.
About ProShares Ultra Semiconductors
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
- Five stocks we like better than ProShares Ultra Semiconductors
- What is MarketRank™? How to Use it
- AI Boom Fuels Demand for Dominion Energy Stock
- 3 Ways To Invest In Coffee, Other Than Drinking It
- Cathie Wood Cuts Robinhood Holdings—Follow Her Lead or Stay Put?
- Want to Profit on the Downtrend? Downtrends, Explained.
- Wave Life Sciences Rockets 70% on Historic RNA Editing Success
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.
