SlateStone Wealth LLC acquired a new stake in ProShares Ultra MSCI Brazil Capped (NYSEARCA:UBR) during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 3,330 shares of the company’s stock, valued at approximately $263,000. SlateStone Wealth LLC owned about 3.62% of ProShares Ultra MSCI Brazil Capped at the end of the most recent quarter.
Separately, Bremer Bank National Association acquired a new position in shares of ProShares Ultra MSCI Brazil Capped in the 1st quarter valued at $236,000.
Shares of ProShares Ultra MSCI Brazil Capped stock traded down $0.43 during trading hours on Thursday, hitting $70.88. The company had a trading volume of 2,198 shares, compared to its average volume of 2,840. The company’s 50-day moving average is $81.20 and its two-hundred day moving average is $75.36. ProShares Ultra MSCI Brazil Capped has a twelve month low of $42.35 and a twelve month high of $91.60.
ProShares Ultra MSCI Brazil Capped Profile
ProShares Ultra MSCI Brazil Capped, formerly ProShares Ultra MSCI Brazil, seeks daily investment results, before fees and expenses, that correspond to twice (200%) the daily performance of the MSCI Brazil Index. The Fund invests in equity securities and derivatives that have similar daily performance characteristics as twice (200%) the daily return of the Index.
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