ProShares Ultra Dow30 (NYSEARCA:DDM – Get Free Report) shares reached a new 52-week high on Wednesday . The stock traded as high as $107.60 and last traded at $107.31, with a volume of 285602 shares traded. The stock had previously closed at $105.91.
ProShares Ultra Dow30 Stock Up 1.3 %
The firm’s 50 day moving average is $99.01 and its two-hundred day moving average is $90.93. The stock has a market cap of $525.82 million, a price-to-earnings ratio of 18.43 and a beta of 1.48.
Institutional Trading of ProShares Ultra Dow30
A number of large investors have recently added to or reduced their stakes in the business. GenWealth Group Inc. boosted its holdings in ProShares Ultra Dow30 by 2.5% during the third quarter. GenWealth Group Inc. now owns 69,658 shares of the company’s stock worth $6,658,000 after buying an additional 1,694 shares in the last quarter. CPR Investments Inc. boosted its stake in ProShares Ultra Dow30 by 41.3% in the 2nd quarter. CPR Investments Inc. now owns 50,563 shares of the company’s stock worth $4,195,000 after purchasing an additional 14,788 shares during the period. International Assets Investment Management LLC boosted its stake in ProShares Ultra Dow30 by 9,457.9% in the 3rd quarter. International Assets Investment Management LLC now owns 10,227 shares of the company’s stock worth $977,000 after purchasing an additional 10,120 shares during the period. Plotkin Financial Advisors LLC acquired a new position in ProShares Ultra Dow30 in the 3rd quarter worth approximately $874,000. Finally, Safe Harbor Fiduciary LLC acquired a new position in ProShares Ultra Dow30 in the 3rd quarter worth approximately $612,000.
ProShares Ultra Dow30 Company Profile
The ProShares Ultra Dow30 (DDM) is an exchange-traded fund that is based on the Dow Jones Industrial Average index. The fund provides 2x leveraged exposure to the price-weighted Dow Jones Industrial Average, which includes 30 of the largest and most stable US companies. DDM was launched on Jun 19, 2006 and is managed by ProShares.
Read More
- Five stocks we like better than ProShares Ultra Dow30
- Should You Add These Warren Buffett Stocks to Your Portfolio?
- Tesla Poised to Hit Record Highs This Holiday Season
- Dividend Screener: How to Evaluate Dividend Stocks Before Buying
- The Salesforce Rally is Just Getting Started: Here’s Why
- What is Forex and How Does it Work?
- 3 Chip and Data Center Stocks That Can Keep Rising in 2025
Receive News & Ratings for ProShares Ultra Dow30 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares Ultra Dow30 and related companies with MarketBeat.com's FREE daily email newsletter.
