ProShares Ultra MSCI Emerging Markets (NYSEARCA:EET) shares crossed above its two hundred day moving average of $53.62

Shares of ProShares Ultra MSCI Emerging Markets (NYSEARCA:EET – Get Free Report ) broke above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $53.62 and traded as high as $63.59. Shares of ProShares Ultra MSCI Emerging Markets last traded at $63.14 with a volume of 2,222 shares.

ProShares Ultra MSCI Price Performance in Emerging Markets

The stock has a 50-day moving average of $53.97 and a two-hundred-day moving average of $53.62.

Institutional investors weigh in on ProShares Ultra MSCI Emerging Markets

A hedge fund recently bought a new stake in ProShares Ultra MSCI Emerging Markets. Aveo Capital Partners LLC acquired a new stake in shares of ProShares Ultra MSCI Emerging Markets (NYSEARCA:EET – Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 22,860 shares of the exchange traded fund’s stock, valued at approximately $1,163,000. Aveo Capital Partners LLC owned 6.53% of ProShares Ultra MSCI Emerging Markets at the end of the most recent quarter.

About ProShares Ultra MSCI Emerging Markets

(Get a free report)

ProShares Ultra MSCI Emerging Markets (the Fund) seeks daily investment results that correspond to twice (200%) the daily performance of the MSCI Emerging Markets Index (the Index). The index adjusts the market capitalization of the index components for free float and targets for index inclusion 85% of the free float adjusted market capitalization in each industry group of global emerging market countries.

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