Renaissance Technologies LLC Sells 29,500 Shares of ProShares UltraPro Short Dow30 (NYSEARCA:SDOW)

Renaissance Technologies LLC trimmed its stake in ProShares UltraPro Short Dow30 (NYSEARCA:SDOW) by 56.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 22,700 shares of the exchange traded fund’s stock after selling 29,500 shares during the period. Renaissance Technologies LLC owned about 0.12% of ProShares UltraPro Short Dow30 worth $378,000 as of its most recent SEC filing.

Separately, Quantbot Technologies LP raised its stake in shares of ProShares UltraPro Short Dow30 by 748.7% in the first 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 during the last quarter.

ProShares UltraPro Short Dow30 Stock Performance

NYSEARCA SDOW opened at $12.97 on Friday. The stock’s 50 day simple moving average is $14.43 and its 200 day simple moving average is $15.90. ProShares UltraPro Short Dow30 has a one year low of $12.77 and a one year high of $29.26.

ProShares UltraPro Short Dow30 Company Profile

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.