ProShares UltraShort S&P500 (NYSEARCA:SDS) Shares Bought by IMC Chicago LLC

IMC Chicago LLC lifted its position in shares of ProShares UltraShort S&P500 (NYSEARCA:SDS) by 268.9% during the 4th quarter, Holdings Channel.com reports. The fund owned 362,765 shares of the real estate investment trust’s stock after buying an additional 264,432 shares during the period. IMC Chicago LLC’s holdings in ProShares UltraShort S&P500 were worth $7,136,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Capital Investment Advisory Services LLC acquired a new stake in ProShares UltraShort S&P500 in the 4th quarter valued at about $32,000. Beaumont Financial Advisors LLC purchased a new stake in shares of ProShares UltraShort S&P500 in the fourth quarter valued at about $1,823,000. Diversify Advisory Services LLC acquired a new stake in shares of ProShares UltraShort S&P500 in the fourth quarter valued at approximately $2,662,000. JPMorgan Chase & Co. increased its stake in shares of ProShares UltraShort S&P500 by 11.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 8,085 shares of the real estate investment trust’s stock worth $167,000 after purchasing an additional 820 shares in the last quarter. Finally, Tidal Investments LLC raised its position in shares of ProShares UltraShort S&P500 by 60.9% during the 3rd quarter. Tidal Investments LLC now owns 31,800 shares of the real estate investment trust’s stock worth $656,000 after purchasing an additional 12,036 shares during the last quarter.

ProShares UltraShort S&P500 Stock Up 1.9 %

SDS stock opened at $18.85 on Friday. The stock’s 50 day moving average price is $19.07 and its 200 day moving average price is $20.61. ProShares UltraShort S&P500 has a 1 year low of $18.19 and a 1 year high of $28.39.

About ProShares UltraShort S&P500

ProShares UltraShort S&P500 (the Fund) seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of the S&P 500 (the Index). The Index is a measure of large-cap the United States stock market performance. It is a float-adjusted, market capitalization-weighted index of 500 United States operating companies and real estate investment trusts selected through a process that factors criteria, such as liquidity, price, market capitalization and financial viability.