In trading on Thursday, shares of the ProShares Ultra Consumer Staples ETF (UGE) fell below their 200-day moving average of $18.49, trading as low as $18.39 per share, representing a decline of approximately 3.9% for the day. The fund’s 52-week range has seen a low of $15.74 and a high of $22.26.
This move below the 200-day average is notable for analysts monitoring trends in the ETF’s performance.
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