Shares of ProShares UltraShort Yen (NYSEARCA:YCS – Get Rating) shot up 1.8% during trading on Friday . The stock traded as high as $53.11 and last traded at $52.46. 30,288 shares were traded during mid-day trading, an increase of 10% from the average session volume of 27,630 shares. The stock had previously closed at $51.52.
ProShares UltraShort Yen Price Performance
The company’s 50-day simple moving average is $56.64 and its 200 day simple moving average is $60.08.
Institutional Investors Weigh In On ProShares UltraShort Yen
Institutional investors have recently modified their holdings of the company. Jane Street Group LLC purchased a new stake in ProShares UltraShort Yen in the second quarter valued at $274,000. Empowered Funds LLC purchased a new stake in ProShares UltraShort Yen in the second quarter valued at $1,295,000. Savior LLC purchased a new stake in ProShares UltraShort Yen in the third quarter valued at $1,515,000. B. Riley Wealth Advisors Inc. purchased a new stake in ProShares UltraShort Yen in the third quarter valued at $1,740,000. Finally, Cambridge Investment Research Advisors Inc. purchased a new stake in ProShares UltraShort Yen in the third quarter valued at $3,244,000.
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