URTY Crosses Below Key Moving Average Level

In trading on Friday, shares of the ProShares UltraPro Russell2000 ETF (URTY) crossed below their 200 day moving average of $83.38, changing hands as low as $82.04 per share. ProShares UltraPro Russell2000 shares are currently trading off about 1.9% on the day. The chart below shows the one year performance of URTY shares, versus its 200 day moving average:

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ProShares UltraPro Russell2000 200 Day Moving Average Chart

Looking at the chart above, URTY's low point in its 52 week range is $61.43 per share, with $99.35 as the 52 week high point — that compares with a last trade of $83.57.

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