ProShares Decline of the Retail Store ETF (NYSEARCA:EMTY) Stock Price Down 0.2% – Here’s What Happened

ProShares Decline of the Retail Store ETF (NYSEARCA:EMTY)’s stock price traded down 0.2% on Wednesday . The company traded as low as $23.87 and last traded at $23.87. 18 shares changed hands during trading, a decline of 99% from the average daily volume of 2,511 shares. The stock had previously closed at $23.91.

ProShares Decline of the Retail Store ETF Price Performance

The stock’s fifty day simple moving average is $24.14 and its two-hundred day simple moving average is $23.55.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in ProShares Decline of the Retail Store ETF stock. SG Americas Securities LLC purchased a new stake in shares of ProShares Decline of the Retail Store ETF (NYSEARCA:EMTY) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 25,573 shares of the company’s stock, valued at approximately $312,000. SG Americas Securities LLC owned 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

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.