ProShares UltraPro Short Dow30 $SDOW Shares Bought by IMC Chicago LLC

IMC Chicago LLC raised its holdings in ProShares UltraPro Short Dow30 (NYSEARCA:SDOW) by 32.5% in the 1st quarter, HoldingsChannel reports. The fund owned 140,711 shares of the exchange traded fund’s stock after acquiring an additional 34,501 shares during the period. IMC Chicago LLC’s holdings in ProShares UltraPro Short Dow30 were worth $4,954,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the business. Avidian Wealth Enterprises LLC acquired a new stake in shares of ProShares UltraPro Short Dow30 during the fourth quarter worth $639,000. Squarepoint Ops LLC increased its stake in ProShares UltraPro Short Dow30 by 246.1% in the second quarter. Squarepoint Ops LLC now owns 80,829 shares of the exchange traded fund’s stock valued at $3,352,000 after purchasing an additional 57,476 shares during the last quarter. Goldman Sachs Group Inc. acquired a new position in ProShares UltraPro Short Dow30 in the fourth quarter valued at $1,598,000. Tower Research Capital LLC TRC lifted its position in ProShares UltraPro Short Dow30 by 21.0% during the fourth quarter. Tower Research Capital LLC TRC now owns 44,632 shares of the exchange traded fund’s stock worth $1,426,000 after buying an additional 7,740 shares during the period. Finally, Simplex Trading LLC purchased a new position in ProShares UltraPro Short Dow30 during the fourth quarter worth about $550,000.

ProShares UltraPro Short Dow30 Price Performance

Shares of NYSEARCA:SDOW opened at $23.78 on Thursday. The stock’s 50-day moving average price is $25.98 and its two-hundred day moving average price is $29.35. ProShares UltraPro Short Dow30 has a 12-month low of $22.85 and a 12-month high of $43.92.

About ProShares UltraPro Short Dow30

ProShares UltraPro Short Dow30 (the Fund) seeks daily investment results that correspond to three times (300%) the inverse (opposite) of the daily performance of the Dow Jones Industrial Average (the Index). The Index is a price-weighted index maintained by editors of The Wall Street Journal. The Index includes 30 large-cap, United States stocks, excluding utility and transportation companies. The Fund invests in financial instruments whose value is derived from the value of an underlying asset, interest rate or index.