IMC Chicago LLC Raises Stake in ProShares UltraShort S&P500 (NYSEARCA:SDS)

IMC Chicago LLC raised its holdings in ProShares UltraShort S&P500 (NYSEARCA:SDS) by 268.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 362,765 shares of the real estate investment trust’s stock after purchasing an additional 264,432 shares during the quarter. IMC Chicago LLC owned about 1.79% of ProShares UltraShort S&P500 worth $7,136,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in SDS. Integrated Advisors Network LLC raised its position in ProShares UltraShort S&P500 by 5,141.2% during the 3rd quarter. Integrated Advisors Network LLC now owns 1,099,751 shares of the real estate investment trust’s stock worth $22,689,000 after buying an additional 1,078,768 shares during the last quarter. Bedell Frazier Investment Counselling LLC raised its holdings in ProShares UltraShort S&P500 by 142.1% during the third quarter. Bedell Frazier Investment Counselling LLC now owns 414,453 shares of the real estate investment trust’s stock worth $8,550,000 after purchasing an additional 243,247 shares in the last quarter. Legacy Capital Wealth Partners LLC lifted its position in ProShares UltraShort S&P500 by 146.5% in the third quarter. Legacy Capital Wealth Partners LLC now owns 335,151 shares of the real estate investment trust’s stock valued at $6,914,000 after purchasing an additional 199,208 shares during the period. Diversify Advisory Services LLC acquired a new stake in ProShares UltraShort S&P500 in the fourth quarter valued at about $2,662,000. Finally, Beaumont Financial Advisors LLC purchased a new stake in ProShares UltraShort S&P500 in the 4th quarter valued at approximately $1,823,000.

ProShares UltraShort S&P500 Stock Up 1.9 %

Shares of SDS stock opened at $18.85 on Friday. The business’s fifty 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.