Tower Research Capital LLC TRC Makes New Investment in ProShares Ultra Real Estate (NYSEARCA:URE)

Tower Research Capital LLC TRC acquired a new stake in ProShares Ultra Real Estate (NYSEARCA:URE) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 429 shares of the company’s stock, valued at approximately $27,000.

ProShares Ultra Real Estate Price Performance

Shares of ProShares Ultra Real Estate stock traded up $0.84 on Friday, hitting $53.12. The stock had a trading volume of 2,245 shares, compared to its average volume of 5,702. ProShares Ultra Real Estate has a twelve month low of $41.00 and a twelve month high of $65.00. The business’s 50 day moving average is $56.90 and its two-hundred day moving average is $55.95.

ProShares Ultra Real Estate Profile

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.