ProShares Ultra Real Estate (NYSEARCA:URE) Stock Price Down 3%

ProShares Ultra Real Estate (NYSEARCA:URE)’s share price traded down 3% during trading on Tuesday . The company traded as low as $50.48 and last traded at $50.67. 6,705 shares traded hands during mid-day trading, an increase of 4% from the average session volume of 6,466 shares. The stock had previously closed at $52.25.

ProShares Ultra Real Estate Trading Down 3.0 %

The firm has a 50-day moving average price of $58.47 and a two-hundred day moving average price of $55.61.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Jane Street Group LLC raised its holdings in ProShares Ultra Real Estate by 185.7% in the 1st quarter. Jane Street Group LLC now owns 8,570 shares of the company’s stock valued at $858,000 after acquiring an additional 18,570 shares during the period. Citadel Advisors LLC grew its position in shares of ProShares Ultra Real Estate by 139.5% in the third quarter. Citadel Advisors LLC now owns 23,083 shares of the company’s stock valued at $1,278,000 after purchasing an additional 13,445 shares during the last quarter. Susquehanna International Group LLP increased its stake in shares of ProShares Ultra Real Estate by 85.6% during the fourth quarter. Susquehanna International Group LLP now owns 23,230 shares of the company’s stock worth $1,344,000 after purchasing an additional 10,715 shares during the period. Qube Research & Technologies Ltd lifted its holdings in ProShares Ultra Real Estate by 2,526.1% during the 3rd quarter. Qube Research & Technologies Ltd now owns 3,624 shares of the company’s stock worth $170,000 after purchasing an additional 3,486 shares during the last quarter. Finally, Tower Research Capital LLC TRC boosted its stake in ProShares Ultra Real Estate by 66.5% in the 2nd quarter. Tower Research Capital LLC TRC now owns 6,113 shares of the company’s stock valued at $355,000 after purchasing an additional 2,441 shares during the period.

About ProShares Ultra Real Estate

ProShares Ultra Real Estate (the Fund) seeks daily investment results that correspond to twice (200%) the daily performance of the Dow Jones U.S. Real Estate Index (the Index). The Index measures the performance of the real estate sector of the United States equity market. Component companies include those that invest directly or indirectly through development, management or ownership of shopping malls, apartment buildings and housing developments, and real estate investment trusts (REITs) that invest in apartments, office and retail properties.