DRW Securities LLC Invests $1.09 Million in ProShares UltraShort S&P500 (SDS)

DRW Securities LLC purchased a new position in shares of ProShares UltraShort S&P500 (NYSEARCA:SDS) in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund purchased 85,558 shares of the real estate investment trust’s stock, valued at approximately $1,085,000. ProShares UltraShort S&P500 accounts for approximately 0.2% of DRW Securities LLC’s holdings, making the stock its 18th biggest position.

Other large investors have also modified their holdings of the company. Beaumont Financial Partners LLC acquired a new stake in shares of ProShares UltraShort S&P500 during the 2nd quarter worth approximately $127,000. Aviance Capital Partners LLC acquired a new stake in shares of ProShares UltraShort S&P500 during the 2nd quarter worth approximately $190,000. Clear Harbor Asset Management LLC acquired a new stake in shares of ProShares UltraShort S&P500 during the 2nd quarter worth approximately $226,000. JFS Wealth Advisors LLC grew its position in shares of ProShares UltraShort S&P500 by 3.6% during the 2nd quarter. JFS Wealth Advisors LLC now owns 29,000 shares of the real estate investment trust’s stock worth $368,000 after buying an additional 1,000 shares during the period. Finally, Dearborn Partners LLC acquired a new stake in shares of ProShares UltraShort S&P500 during the 2nd quarter worth approximately $380,000.

Shares of ProShares UltraShort S&P500 (SDS) traded up 0.15% during midday trading on Friday, hitting $45.50. 3,109,401 shares of the stock traded hands. ProShares UltraShort S&P500 has a 52 week low of $45.41 and a 52 week high of $70.64. The firm’s 50-day moving average is $47.94 and its 200 day moving average is $50.50.

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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.

Institutional Ownership by Quarter for ProShares UltraShort S&P500 (NYSEARCA:SDS)

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