Simplex Trading LLC acquired a new stake in shares of ProShares UltraShort Euro (NYSEARCA:EUO – Get Rating) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 22,848 shares of the company's stock, valued at approximately $672,000. Simplex Trading LLC owned about 0.91% of ProShares UltraShort Euro as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Manchester Capital Management LLC acquired a new position in ProShares UltraShort Euro in the 3rd quarter valued at $26,000. Empowered Funds LLC purchased a new position in ProShares UltraShort Euro during the fourth quarter worth about $1,805,000. Finally, Cambridge Investment Research Advisors Inc. acquired a new stake in ProShares UltraShort Euro in the 3rd quarter worth about $3,301,000.
Get ProShares UltraShort Euro alerts:ProShares UltraShort Euro Trading Up 0.2 %
Shares of EUO stock opened at $28.24 on Friday. ProShares UltraShort Euro has a 1-year low of $27.85 and a 1-year high of $36.53. The firm's 50-day simple moving average is $29.28 and its 200-day simple moving average is $30.35.
ProShares UltraShort Euro Profile
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The ProShares UltraShort Euro (EUO) is an exchange-traded fund that is based on the U.S. Dollar per Euro index. The fund provides a -200% exposure to the daily performance of the EUR spot price against the US dollar as measured by Bloomberg. EUO was launched on Nov 25, 2008 and is managed by ProShares.
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