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TMCNet:  Shares of UVT Up 23.7% Since Uptrend Call on Shares

[January 31, 2013]

Shares of UVT Up 23.7% Since Uptrend Call on Shares

Jan 31, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for ProShares Ultra Russell2000 Value (NYSE:UVT) on November 28th, 2012 at $29.47. In approximately 2 months, ProShares Ultra Russell2000 Value has returned 23.65% as of today's recent price of $36.44.


In the past 52 weeks, shares of ProShares Ultra Russell2000 Value have traded between a low of $24.45 and a high of $37.63 and are now at $36.44, which is 49% above that low price. The 200-day and 50-day moving averages have moved 0.42% higher and 1.26% higher over the past week, respectively.

Ultra Russell2000 Value ProShares is an exchange-traded fund incorporated in the USA. The Fund seeks daily investment results that correspond to twice (200%) the daily performance of the Russell 2000 Value Index.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of ProShares Ultra Russell2000 Value shares.Log in and add ProShares Ultra Russell2000 Value (UVT) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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