Capital Investment Advisory Services LLC Acquires New Holdings in ProShares UltraShort S&P500 (NYSEARCA:SDS)

Capital Investment Advisory Services LLC acquired a new stake in ProShares UltraShort S&P500 (NYSEARCA:SDS) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 2,464 shares of the real estate investment trust’s stock, valued at approximately $74,000.

A number of other large investors have also added to or reduced their stakes in the business. Barclays PLC bought a new position in ProShares UltraShort S&P500 during the 2nd quarter worth approximately $34,000. ORG Partners LLC bought a new position in ProShares UltraShort S&P500 during the 4th quarter worth approximately $83,000. VitalStone Financial LLC raised its holdings in ProShares UltraShort S&P500 by 250.0% during the 3rd quarter. VitalStone Financial LLC now owns 3,500 shares of the real estate investment trust’s stock worth $123,000 after purchasing an additional 2,500 shares during the last quarter. Axxcess Wealth Management LLC bought a new position in ProShares UltraShort S&P500 during the 3rd quarter valued at $213,000. Finally, Arkadios Wealth Advisors lifted its stake in ProShares UltraShort S&P500 by 6.4% during the 4th quarter. Arkadios Wealth Advisors now owns 11,018 shares of the real estate investment trust’s stock valued at $330,000 after acquiring an additional 661 shares in the last quarter.

ProShares UltraShort S&P500 Stock Performance

Shares of NYSEARCA:SDS opened at $27.04 on Friday. ProShares UltraShort S&P500 has a 1-year low of $24.69 and a 1-year high of $41.41. The stock’s fifty day simple moving average is $26.19 and its two-hundred day simple moving average is $30.23.

ProShares UltraShort S&P500 Company Profile

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.