ProShares Ultra Financials (NYSEARCA:UYG) Hits New 1-Year High at $68.10

ProShares Ultra Financials (NYSEARCA:UYG)’s share price hit a new 52-week high during trading on Thursday . The stock traded as high as $68.10 and last traded at $68.10, with a volume of 19058 shares trading hands. The stock had previously closed at $67.48.

ProShares Ultra Financials Stock Up 1.2 %

The stock’s 50 day moving average is $61.44 and its two-hundred day moving average is $52.78.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in UYG. Huntington National Bank bought a new position in ProShares Ultra Financials in the second quarter worth about $27,000. Tennessee Valley Asset Management Partners bought a new position in shares of ProShares Ultra Financials during the 4th quarter worth approximately $33,000. Main Street Group LTD acquired a new stake in ProShares Ultra Financials in the fourth quarter valued at approximately $33,000. Royal Bank of Canada purchased a new position in ProShares Ultra Financials in the first quarter worth $49,000. Finally, CWM LLC increased its position in shares of ProShares Ultra Financials by 2,903.2% during the fourth quarter. CWM LLC now owns 931 shares of the company’s stock worth $51,000 after purchasing an additional 900 shares in the last quarter.

About ProShares Ultra Financials

ProShares Ultra Financials (the Fund) seeks daily investment results that correspond to twice the daily performance of the Dow Jones U.S. Financials Index. The Dow Jones U.S. Financials Index measures the performance of the financial services industry of the United States equity market. Component companies include regional banks; United States domiciled international banks; full line, life, and property and casualty insurance companies; companies that invest, directly or indirectly in real estate; diversified financial companies, such as credit card issuers, check cashing companies, mortgage lenders and investment advisers; securities brokers and dealers including investment banks, merchant banks and online brokers; and publicly traded stock exchanges.