ProShares UltraShort S&P500 $SDS Shares Sold by IMC Chicago LLC

IMC Chicago LLC decreased its holdings in ProShares UltraShort S&P500 (NYSEARCA:SDS) by 32.1% in the 2nd quarter, HoldingsChannel reports. The fund owned 69,168 shares of the real estate investment trust’s stock after selling 32,761 shares during the quarter. IMC Chicago LLC’s holdings in ProShares UltraShort S&P500 were worth $3,934,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of SDS. Integrated Advisors Network LLC lifted its holdings in ProShares UltraShort S&P500 by 1,311.4% in the first quarter. Integrated Advisors Network LLC now owns 150,056 shares of the real estate investment trust’s stock valued at $11,292,000 after acquiring an additional 139,424 shares during the period. Jump Financial LLC boosted its position in shares of ProShares UltraShort S&P500 by 30.8% during the 3rd quarter. Jump Financial LLC now owns 475,804 shares of the real estate investment trust’s stock worth $6,875,000 after purchasing an additional 112,001 shares in the last quarter. Goldman Sachs Group Inc. acquired a new position in shares of ProShares UltraShort S&P500 during the 4th quarter worth $6,849,000. Group One Trading LLC acquired a new position in shares of ProShares UltraShort S&P500 during the 2nd quarter worth $1,656,000. Finally, Quadrature Capital Ltd purchased a new position in shares of ProShares UltraShort S&P500 in the 4th quarter valued at about $5,547,000.

ProShares UltraShort S&P500 Trading Up 0.5%

Shares of NYSEARCA SDS opened at $54.14 on Friday. ProShares UltraShort S&P500 has a 52 week low of $52.54 and a 52 week high of $80.50. The firm has a 50-day moving average price of $56.09 and a 200 day moving average price of $62.06.

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.