ProShares UltraShort S&P500 (NYSEARCA:SDS) Shares Sold by SG Americas Securities LLC

SG Americas Securities LLC reduced its position in shares of ProShares UltraShort S&P500 (NYSEARCA:SDS) by 53.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 29,797 shares of the real estate investment trust’s stock after selling 33,921 shares during the period. SG Americas Securities LLC owned about 0.15% of ProShares UltraShort S&P500 worth $586,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also modified their holdings of the company. Integrated Advisors Network LLC increased its holdings in ProShares UltraShort S&P500 by 5,141.2% during the 3rd quarter. Integrated Advisors Network LLC now owns 1,099,751 shares of the real estate investment trust’s stock worth $22,689,000 after purchasing an additional 1,078,768 shares during the period. Bedell Frazier Investment Counselling LLC increased its stake in shares of ProShares UltraShort S&P500 by 142.1% during the third quarter. Bedell Frazier Investment Counselling LLC now owns 414,453 shares of the real estate investment trust’s stock worth $8,550,000 after buying an additional 243,247 shares during the period. Legacy Capital Wealth Partners LLC raised its holdings in ProShares UltraShort S&P500 by 146.5% in the third quarter. Legacy Capital Wealth Partners LLC now owns 335,151 shares of the real estate investment trust’s stock valued at $6,914,000 after acquiring an additional 199,208 shares in the last quarter. Diversify Advisory Services LLC purchased a new position in ProShares UltraShort S&P500 in the fourth quarter worth approximately $2,662,000. Finally, IMC Chicago LLC acquired a new position in ProShares UltraShort S&P500 during the 3rd quarter worth approximately $2,029,000.

ProShares UltraShort S&P500 Stock Performance

Shares of SDS opened at $18.77 on Friday. The firm’s fifty day simple moving average is $19.12 and its 200-day simple moving average is $20.73. ProShares UltraShort S&P500 has a twelve month low of $18.19 and a twelve month high of $29.24.

ProShares UltraShort S&P500 Profile

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.