ProShares Decline of the Retail Store ETF (NYSEARCA:EMTY) Trading Up 1.5% – Time to Buy?

ProShares Decline of the Retail Store ETF (NYSEARCA:EMTYGet Free Report) were up 1.5% during mid-day trading on Tuesday . The stock traded as high as $11.50 and last traded at $11.46. Approximately 1,875 shares traded hands during mid-day trading, a decline of 62% from the average daily volume of 4,965 shares. The stock had previously closed at $11.29.

ProShares Decline of the Retail Store ETF Trading Up 1.5%

The stock’s 50-day moving average price is $12.00 and its 200 day moving average price is $11.85.

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 position in shares of ProShares Decline of the Retail Store ETF (NYSEARCA:EMTYFree Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm 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 at the end of the most recent quarter.

About ProShares Decline of the Retail Store ETF

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for ProShares Decline of the Retail Store ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares Decline of the Retail Store ETF and related companies with MarketBeat.com's FREE daily email newsletter.