Virtu Financial LLC bought a new position in shares of ProShares Short Financials (NYSEARCA:SEF) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 62,305 shares of the company’s stock, valued at approximately $1,416,000. Virtu Financial LLC owned approximately 7.55% of ProShares Short Financials at the end of the most recent quarter.
Separately, SG Americas Securities LLC purchased a new stake in shares of ProShares Short Financials in the fourth quarter valued at about $201,000.
Shares of NYSEARCA:SEF opened at $21.84 on Monday. ProShares Short Financials has a one year low of $21.68 and a one year high of $27.12.
The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 27th. Shareholders of record on Thursday, March 21st were issued a $0.0557 dividend. This represents a $0.22 annualized dividend and a yield of 1.02%. The ex-dividend date was Wednesday, March 20th.
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ProShares Short Financials Profile
ProShares Short Financials (the Fund) seeks daily investment results that correspond to the inverse (opposite) of the daily performance of the Dow Jones U.S. Financials Index (the Index). The Index measures the performance of the financial services economic sector of the United States equity market. Component companies include regional banks; United States-domiciled international banks; life and property and casualty insurance companies; companies that invest, directly or indirectly in real estate; diversified financial companies, such as Federal National Mortgage Association (Fannie Mae), credit card insurers, check cashing companies, mortgage lenders and investment advisers; securities brokers and dealers, including investment banks, merchant banks and online brokers, and publicly traded stock exchanges.
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