ProShares Decline of the Retail Store ETF (NYSEARCA:EMTY) Stock Price Down 0.2% – Here’s What Happened

Shares of ProShares Decline of the Retail Store ETF (NYSEARCA:EMTY) traded down 0.2% on Wednesday . The company traded as low as $23.87 and last traded at $23.87. Approximately 18 shares traded hands during mid-day trading, a decline of 99% from the average daily volume of 2,511 shares. The stock had previously closed at $23.91.

ProShares Decline of the Retail Store ETF Stock Down 0.2%

The firm’s 50-day moving average is $24.12 and its 200 day moving average is $23.55.

Hedge Funds Weigh In On ProShares Decline of the Retail Store ETF

A hedge fund recently bought a new stake in ProShares Decline of the Retail Store ETF stock. SG Americas Securities LLC acquired a new stake in ProShares Decline of the Retail Store ETF (NYSEARCA:EMTY) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 25,573 shares of the company’s stock, valued at approximately $312,000. SG Americas Securities LLC owned approximately 10.66% of ProShares Decline of the Retail Store ETF as of its most recent SEC filing.

ProShares Decline of the Retail Store ETF Company Profile

The ProShares Decline of the Retail Store ETF (EMTY) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund provides inverse exposure to an equally weighted index of US stocks in the retail industry using swap agreements. EMTY was launched on Nov 14, 2017 and is managed by ProShares.