Virtu Financial LLC cut its stake in shares of ProShares Ultra Real Estate (NYSEARCA:URE) by 41.3% in the second quarter, Holdings Channel reports. The institutional investor owned 12,057 shares of the company’s stock after selling 8,487 shares during the quarter. Virtu Financial LLC’s holdings in ProShares Ultra Real Estate were worth $793,000 as of its most recent filing with the Securities and Exchange Commission.
Shares of URE opened at $66.88 on Thursday. ProShares Ultra Real Estate has a 1-year low of $50.79 and a 1-year high of $68.58.
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ProShares Ultra Real Estate Company Profile
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.
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