ProShares On-Demand ETF $OND Shares Acquired by Sowell Financial Services LLC

Sowell Financial Services LLC lifted its position in shares of ProShares On-Demand ETF (NYSEARCA:OND) by 123.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 44,898 shares of the company’s stock after buying an additional 24,832 shares during the period. Sowell Financial Services LLC owned approximately 0.30% of ProShares On-Demand ETF worth $1,847,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also modified their holdings of OND. Citadel Advisors LLC purchased a new position in shares of ProShares On-Demand ETF during the 3rd quarter worth $1,136,000. Susquehanna International Group LLP purchased a new position in shares of ProShares On-Demand ETF during the 3rd quarter worth $944,000. Finally, Flow Traders U.S. LLC purchased a new position in shares of ProShares On-Demand ETF during the 3rd quarter worth $525,000.

ProShares On-Demand ETF Trading Down 0.8%

NYSEARCA OND opened at $32.97 on Wednesday. The stock has a market cap of $3.96 million, a PE ratio of 36.24 and a beta of 1.30. ProShares On-Demand ETF has a twelve month low of $29.76 and a twelve month high of $49.00. The stock has a fifty day simple moving average of $35.48 and a 200-day simple moving average of $40.82.

ProShares On-Demand ETF Profile

The ProShares On-Demand ETF (OND) is an exchange-traded fund that is based on the FactSet On-Demand index, a market-cap-weighted index of global stocks that provides on-demand platforms and services to consumers. OND was launched on Oct 26, 2021 and is managed by ProShares.