Hollencrest Capital Management Increases Holdings in ProShares UltraPro Short Dow30 (NYSEARCA:SDOW)

Hollencrest Capital Management boosted its stake in shares of ProShares UltraPro Short Dow30 (NYSEARCA:SDOW) by 76.9% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 6,900 shares of the exchange traded fund’s stock after buying an additional 3,000 shares during the period. Hollencrest Capital Management’s holdings in ProShares UltraPro Short Dow30 were worth $115,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of SDOW. Tower Research Capital LLC TRC lifted its stake in ProShares UltraPro Short Dow30 by 255.7% during the fourth quarter. Tower Research Capital LLC TRC now owns 163,751 shares of the exchange traded fund’s stock worth $3,011,000 after purchasing an additional 117,714 shares in the last quarter. Headlands Technologies LLC boosted its holdings in ProShares UltraPro Short Dow30 by 303.5% during the 1st quarter. Headlands Technologies LLC now owns 29,237 shares of the exchange traded fund’s stock valued at $460,000 after acquiring an additional 21,991 shares during the period. Finally, Quantbot Technologies LP grew its position in ProShares UltraPro Short Dow30 by 748.7% in the 1st quarter. Quantbot Technologies LP now owns 20,242 shares of the exchange traded fund’s stock valued at $319,000 after acquiring an additional 17,857 shares in the last quarter.

ProShares UltraPro Short Dow30 Trading Down 0.1 %

Shares of NYSEARCA:SDOW opened at $13.50 on Friday. ProShares UltraPro Short Dow30 has a 1 year low of $13.37 and a 1 year high of $29.26. The firm’s 50-day moving average is $14.95 and its two-hundred day moving average is $16.25.

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.