ProShares Ultra Real Estate (NYSEARCA:URE – Get Free Report) fell 0.2% during trading on Wednesday . The company traded as low as $58.53 and last traded at $58.53. 882 shares changed hands during mid-day trading, a decline of 84% from the average session volume of 5,387 shares. The stock had previously closed at $58.65.
ProShares Ultra Real Estate Price Performance
The stock has a market capitalization of $59.01 million, a P/E ratio of 32.94 and a beta of 1.93. The company has a 50 day simple moving average of $63.66 and a 200-day simple moving average of $66.82.
ProShares Ultra Real Estate Cuts Dividend
The business also recently declared a dividend, which was paid on Tuesday, April 1st. Shareholders of record on Wednesday, March 26th were paid a $0.2555 dividend. The ex-dividend date was Wednesday, March 26th.
Institutional Investors Weigh In On ProShares Ultra Real Estate
About ProShares Ultra Real Estate
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.
Recommended Stories
- Five stocks we like better than ProShares Ultra Real Estate
- Technology Stocks Explained: Here’s What to Know About Tech
- 3 Mid-Cap to Mega-Cap Stocks Have Announced Significant Buybacks
- How the NYSE and NASDAQ are Different, Why That Matters to Investors
- These 3 Stocks Have Huge Last 12 Months Shareholder Yields
- What is the Dow Jones Industrial Average (DJIA)?
- Prominent Hedge Fund Acquires Huge Stake in HPE: Is It a Buy Now?
Receive News & Ratings for ProShares Ultra Real Estate Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares Ultra Real Estate and related companies with MarketBeat.com's FREE daily email newsletter.