ETF Channel Staff – 8 hours, 30 minutes ago
In trading on Tuesday, shares of the Proshares Ultra Basic Materials ETF (UYM) crossed below their 200 day moving average of $36.69, changing hands as low as $36.68 per share. Proshares Ultra Basic Materials shares are currently trading off about 1.6% on the day. The chart below shows the one year performance of UYM shares, versus its 200 day moving average:
Looking at the chart above, UYM’s low point in its 52 week range is $28.97 per share, with $41.55 as the 52 week high point — that compares with a last trade of $36.98.
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