Legacy Wealth Partners LLC Acquires 7,084 Shares of ProShares Ultra MSCI Emerging Markets $EET

Legacy Wealth Partners LLC increased its stake in ProShares Ultra MSCI Emerging Markets (NYSEARCA:EET) by 91.3% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,842 shares of the exchange traded fund’s stock after acquiring an additional 7,084 shares during the period. Legacy Wealth Partners LLC’s holdings in ProShares Ultra MSCI Emerging Markets were worth $1,243,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in EET. Northwestern Mutual Wealth Management Co. lifted its stake in shares of ProShares Ultra MSCI Emerging Markets by 54,900.0% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,100 shares of the exchange traded fund’s stock valued at $89,000 after purchasing an additional 1,098 shares during the last quarter. IMC Chicago LLC increased its position in shares of ProShares Ultra MSCI Emerging Markets by 24.0% during the 4th quarter. IMC Chicago LLC now owns 13,271 shares of the exchange traded fund’s stock valued at $1,070,000 after purchasing an additional 2,565 shares during the last quarter. Jane Street Group LLC raised its holdings in ProShares Ultra MSCI Emerging Markets by 94.1% during the 4th quarter. Jane Street Group LLC now owns 5,975 shares of the exchange traded fund’s stock valued at $482,000 after buying an additional 2,896 shares during the period. Finally, PMV Capital Advisers LLC raised its holdings in ProShares Ultra MSCI Emerging Markets by 556.2% during the 1st quarter. PMV Capital Advisers LLC now owns 13,781 shares of the exchange traded fund’s stock valued at $1,154,000 after buying an additional 11,681 shares during the period.

ProShares Ultra MSCI Emerging Markets Stock Performance

Shares of EET opened at $113.99 on Wednesday. The business has a fifty day moving average of $111.81 and a 200 day moving average of $96.78. ProShares Ultra MSCI Emerging Markets has a 52-week low of $62.50 and a 52-week high of $129.02.

ProShares Ultra MSCI Emerging Markets Profile

ProShares Ultra MSCI Emerging Markets (the Fund) seeks daily investment results that correspond to twice (200%) the daily performance of the MSCI Emerging Markets Index (the Index). The Index adjusts the market capitalization of index constituents for free float and targets for index inclusion 85% of free float-adjusted market capitalization in each industry group in global emerging markets countries. The Index consists of 25 emerging market country indexes, including Argentina, Brazil, Chile, China, Colombia, Czech Republic, Egypt, Hungary, India, Indonesia, Israel, Jordan, Korea, Malaysia, Mexico, Morocco, Pakistan, Peru, the Philippines, Poland, Russia, South Africa, Taiwan, Thailand and Turkey.