Sugar Maple Asset Management LLC Sells 27,000 Shares of ProShares Short Dow30 $DOG

Sugar Maple Asset Management LLC cut its stake in shares of ProShares Short Dow30 (NYSEARCA:DOG) by 30.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 63,000 shares of the company’s stock after selling 27,000 shares during the period. ProShares Short Dow30 makes up approximately 0.9% of Sugar Maple Asset Management LLC’s investment portfolio, making the stock its 22nd largest holding. Sugar Maple Asset Management LLC owned about 1.25% of ProShares Short Dow30 worth $1,538,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in DOG. JPMorgan Chase & Co. boosted its holdings in ProShares Short Dow30 by 11,700.0% during the second quarter. JPMorgan Chase & Co. now owns 1,180 shares of the company’s stock worth $30,000 after buying an additional 1,170 shares during the last quarter. Squarepoint Ops LLC increased its stake in shares of ProShares Short Dow30 by 122.7% in the 2nd quarter. Squarepoint Ops LLC now owns 58,603 shares of the company’s stock valued at $1,493,000 after acquiring an additional 32,283 shares during the last quarter. Jane Street Group LLC bought a new stake in shares of ProShares Short Dow30 in the 2nd quarter valued at about $670,000. Headlands Technologies LLC acquired a new stake in shares of ProShares Short Dow30 in the 2nd quarter valued at approximately $33,000. Finally, BNP Paribas Financial Markets acquired a new stake in shares of ProShares Short Dow30 in the 3rd quarter valued at approximately $74,000.

ProShares Short Dow30 Price Performance

ProShares Short Dow30 stock opened at $21.88 on Friday. The company’s 50 day simple moving average is $22.57 and its 200 day simple moving average is $23.16. ProShares Short Dow30 has a fifty-two week low of $21.47 and a fifty-two week high of $26.06.

About ProShares Short Dow30

ProShares Short Dow30 (the Fund), formerly Short Dow30 ProShares, seeks daily investment results that correspond to the inverse daily performance of the Dow Jones Industrial Average (DJIA). The DJIA is a price-weighted index maintained by editors of The Wall Street Journal. The DJIA includes 30 large-cap, blue-chip United States stocks, excluding utility and transportation companies. Components are selected through a discretionary process with no pre-determined criteria except that components should be established United States companies.