XTX Topco Ltd bought a new stake in ProShares UltraShort S&P500 (NYSEARCA:SDS – Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 11,647 shares of the real estate investment trust’s stock, valued at approximately $250,000.
Other large investors have also modified their holdings of the company. CoreCap Advisors LLC purchased a new stake in shares of ProShares UltraShort S&P500 during the fourth quarter worth $28,000. Union Bancaire Privee UBP SA purchased a new stake in shares of ProShares UltraShort S&P500 during the first quarter worth $100,000. Zurcher Kantonalbank Zurich Cantonalbank purchased a new stake in shares of ProShares UltraShort S&P500 during the first quarter worth $176,000. Financial Sense Advisors Inc. purchased a new stake in shares of ProShares UltraShort S&P500 during the first quarter worth $217,000. Finally, Cadent Capital Advisors LLC acquired a new position in shares of ProShares UltraShort S&P500 during the first quarter worth $218,000.
ProShares UltraShort S&P500 Trading Up 0.4%
Shares of SDS stock opened at $15.90 on Tuesday. The firm has a fifty day moving average price of $16.81 and a 200 day moving average price of $19.16. ProShares UltraShort S&P500 has a 12 month low of $15.67 and a 12 month high of $28.31.
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.
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