PMV Capital Advisers LLC Acquires 11,681 Shares of ProShares Ultra MSCI Emerging Markets $EET

PMV Capital Advisers LLC raised its holdings in shares of ProShares Ultra MSCI Emerging Markets (NYSEARCA:EET) by 556.2% in the first quarter, Holdings Channel reports. The institutional investor owned 13,781 shares of the exchange traded fund’s stock after buying an additional 11,681 shares during the quarter. ProShares Ultra MSCI Emerging Markets accounts for about 1.9% of PMV Capital Advisers LLC’s portfolio, making the stock its 13th biggest holding. PMV Capital Advisers LLC’s holdings in ProShares Ultra MSCI Emerging Markets were worth $1,154,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the business. Northwestern Mutual Wealth Management Co. boosted its position in shares of ProShares Ultra MSCI Emerging Markets by 54,900.0% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,100 shares of the exchange traded fund’s stock valued at $89,000 after acquiring an additional 1,098 shares during the period. Jane Street Group LLC increased its position in ProShares Ultra MSCI Emerging Markets by 94.1% during the fourth quarter. Jane Street Group LLC now owns 5,975 shares of the exchange traded fund’s stock worth $482,000 after acquiring an additional 2,896 shares during the period. Finally, IMC Chicago LLC increased its position in ProShares Ultra MSCI Emerging Markets by 24.0% during the fourth quarter. IMC Chicago LLC now owns 13,271 shares of the exchange traded fund’s stock worth $1,070,000 after acquiring an additional 2,565 shares during the period.

ProShares Ultra MSCI Emerging Markets Stock Performance

NYSEARCA:EET opened at $126.99 on Monday. ProShares Ultra MSCI Emerging Markets has a one year low of $59.56 and a one year high of $127.13. The company has a fifty day moving average price of $110.74 and a 200 day moving average price of $96.18.

ProShares Ultra MSCI Emerging Markets Company Profile

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 index constituents for free float and targets for index inclusion 85% of free float-adjusted market capitalization in each industry group in global emerging markets countries. The Index consists of 25 emerging market country indexes, including Argentina, Brazil, Chile, China, Colombia, Czech Republic, Egypt, Hungary, India, Indonesia, Israel, Jordan, Korea, Malaysia, Mexico, Morocco, Pakistan, Peru, the Philippines, Poland, Russia, South Africa, Taiwan, Thailand and Turkey.