ProShares Ultra Real Estate (NYSEARCA:URE) Trading 2.5% Higher

ProShares Ultra Real Estate (NYSEARCA:UREGet Free Report) shares traded up 2.5% on Monday . The company traded as high as $74.35 and last traded at $74.12. 3,932 shares changed hands during mid-day trading, a decline of 36% from the average session volume of 6,179 shares. The stock had previously closed at $72.33.

ProShares Ultra Real Estate Trading Up 2.5 %

The stock’s 50 day simple moving average is $65.64 and its two-hundred day simple moving average is $59.66.

About ProShares Ultra Real Estate

(Get Free Report)

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.

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