IMC Chicago LLC Invests $985,000 in ProShares Ultra Health Care (NYSEARCA:RXL)

IMC Chicago LLC bought a new position in shares of ProShares Ultra Health Care (NYSEARCA:RXL) during the fourth quarter, HoldingsChannel reports. The institutional investor bought 10,773 shares of the company’s stock, valued at approximately $985,000.

Separately, Simplex Trading LLC acquired a new position in shares of ProShares Ultra Health Care during the third quarter worth $62,000.

ProShares Ultra Health Care Trading Up 0.2 %

Shares of NYSEARCA RXL traded up $0.16 during trading on Thursday, reaching $102.91. 1,811 shares of the stock were exchanged, compared to its average volume of 2,677. The business’s 50-day moving average price is $99.03 and its 200 day moving average price is $95.39. ProShares Ultra Health Care has a twelve month low of $74.44 and a twelve month high of $106.54.

About ProShares Ultra Health Care

ProShares Ultra Health Care (the Fund) seeks daily investment results that correspond to twice (200%) the daily performance of the Dow Jones U.S. Health Care Index (the Index). The Fund intends to invest at least 80% of its net assets, including any borrowings for investment purposes, under normal circumstances, to equity securities contained in the Index and/or financial instruments that, in combination, have similar economic characteristics.