ProShares Ultra Financials (UYG) experienced a significant outflow of approximately $199.5 million, representing an 18.8% decrease in shares outstanding from 11,182,750 to 9,082,750 week-over-week. This downturn occurred amidst notable movements in key underlying components, including a 0.4% decline in Standard and Poors Global Inc (SPGI) and a 1.1% increase in Citigroup Inc (C), while The Charles Schwab Corporation (SCHW) fell by 0.8%.
The 52-week price range for UYG shows a low of $62.22 per share and a high of $99.919, with the last recorded trade at $95.55. This recent performance can be assessed against its 200-day moving average, reflecting a potentially significant trend for investors.
