IMC Chicago LLC Buys Shares of 99,488 ProShares UltraShort Dow30 $DXD

IMC Chicago LLC bought a new position in ProShares UltraShort Dow30 (NYSEARCA:DXD) during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 99,488 shares of the exchange traded fund’s stock, valued at approximately $2,189,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Quadrature Capital Ltd acquired a new position in shares of ProShares UltraShort Dow30 in the 4th quarter valued at $929,000. Squarepoint Ops LLC raised its stake in ProShares UltraShort Dow30 by 199.4% during the 2nd quarter. Squarepoint Ops LLC now owns 35,783 shares of the exchange traded fund’s stock worth $868,000 after buying an additional 23,831 shares during the period. HRT Financial LP acquired a new stake in ProShares UltraShort Dow30 during the 4th quarter worth $340,000. Jane Street Group LLC bought a new position in ProShares UltraShort Dow30 during the second quarter worth about $274,000. Finally, Simplex Trading LLC lifted its holdings in ProShares UltraShort Dow30 by 18.3% during the fourth quarter. Simplex Trading LLC now owns 7,173 shares of the exchange traded fund’s stock worth $147,000 after acquiring an additional 1,112 shares in the last quarter.

ProShares UltraShort Dow30 Price Performance

NYSEARCA:DXD opened at $17.00 on Thursday. ProShares UltraShort Dow30 has a 1 year low of $16.55 and a 1 year high of $25.22. The stock has a 50-day moving average price of $18.03 and a two-hundred day moving average price of $19.46.

About ProShares UltraShort Dow30

ProShares UltraShort Dow30 (the Fund), formerly UltraShort Dow30 ProShares, seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the 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 Index includes 30 large-cap, blue-chip United States stocks, excluding utility and transportation companies. Components are selected through a discretionary process with no predetermined criteria except that components should be established United States companies.