Simplex Trading LLC Sells 2,177 Shares of ProShares UltraShort S&P500 (NYSEARCA:SDS)

Simplex Trading LLC decreased its holdings in shares of ProShares UltraShort S&P500 (NYSEARCA:SDS) by 6.5% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 31,569 shares of the real estate investment trust’s stock after selling 2,177 shares during the period. Simplex Trading LLC owned 0.09% of ProShares UltraShort S&P500 worth $969,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Bank of Montreal Can raised its position in ProShares UltraShort S&P500 by 200.0% during the 1st quarter. Bank of Montreal Can now owns 900 shares of the real estate investment trust’s stock valued at $30,000 after purchasing an additional 600 shares during the last quarter. TD Asset Management Inc. bought a new position in ProShares UltraShort S&P500 during the 1st quarter valued at approximately $251,000. E&G Advisors LP raised its position in ProShares UltraShort S&P500 by 9.6% during the 2nd quarter. E&G Advisors LP now owns 17,200 shares of the real estate investment trust’s stock valued at $528,000 after purchasing an additional 1,500 shares during the last quarter. FNY Investment Advisers LLC bought a new position in ProShares UltraShort S&P500 during the 1st quarter valued at approximately $54,000. Finally, Capital Investment Advisory Services LLC raised its position in ProShares UltraShort S&P500 by 1.3% during the 1st quarter. Capital Investment Advisory Services LLC now owns 136,295 shares of the real estate investment trust’s stock valued at $4,537,000 after purchasing an additional 1,731 shares during the last quarter.

SDS traded up $0.16 during midday trading on Wednesday, reaching $32.08. 849,963 shares of the company’s stock traded hands, compared to its average volume of 5,412,167. The firm has a fifty day moving average price of $30.12. ProShares UltraShort S&P500 has a 52 week low of $29.00 and a 52 week high of $49.47.

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

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