ProShares Ultra Bloomberg Crude Oil (UCO) Shares Gap Up to $17.03

ProShares Ultra Bloomberg Crude Oil (NYSEARCA:UCO) shares gapped up before the market opened on Wednesday . The stock had previously closed at $17.48, but opened at $17.03. ProShares Ultra Bloomberg Crude Oil shares last traded at $16.87, with a volume of 260297 shares changing hands.

A number of institutional investors have recently bought and sold shares of UCO. Morgan Stanley lifted its stake in shares of ProShares Ultra Bloomberg Crude Oil by 64.4% in the 3rd quarter. Morgan Stanley now owns 42,387 shares of the exchange traded fund’s stock worth $1,525,000 after acquiring an additional 16,598 shares during the period. Virtu Financial LLC lifted its stake in shares of ProShares Ultra Bloomberg Crude Oil by 157.1% in the 3rd quarter. Virtu Financial LLC now owns 78,851 shares of the exchange traded fund’s stock worth $2,835,000 after acquiring an additional 48,183 shares during the period. Finally, XR Securities LLC lifted its stake in shares of ProShares Ultra Bloomberg Crude Oil by 91.9% in the 3rd quarter. XR Securities LLC now owns 82,073 shares of the exchange traded fund’s stock worth $2,951,000 after acquiring an additional 39,299 shares during the period.

TRADEMARK VIOLATION WARNING: This piece of content was originally published by Community Financial News and is the sole property of of Community Financial News. If you are accessing this piece of content on another site, it was stolen and republished in violation of international copyright and trademark law. The correct version of this piece of content can be accessed at https://www.com-unik.info/2019/01/16/proshares-ultra-bloomberg-crude-oil-uco-shares-gap-up-to-17-03.html.

ProShares Ultra Bloomberg Crude Oil Company Profile (NYSEARCA:UCO)

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.

Featured Story: Average Daily Trade Volume – ADTV

Receive News & Ratings for ProShares Ultra Bloomberg Crude Oil Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares Ultra Bloomberg Crude Oil and related companies with MarketBeat.com's FREE daily email newsletter.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on reddit