ProShares UltraPro Short Dow30 $SDOW Shares Purchased by IMC Chicago LLC

IMC Chicago LLC raised its stake in shares of ProShares UltraPro Short Dow30 (NYSEARCA:SDOW) by 32.5% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 140,711 shares of the exchange traded fund’s stock after buying an additional 34,501 shares during the quarter. IMC Chicago LLC owned about 2.23% of ProShares UltraPro Short Dow30 worth $4,954,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. JPMorgan Chase & Co. raised its holdings in shares of ProShares UltraPro Short Dow30 by 164.6% in the second quarter. JPMorgan Chase & Co. now owns 2,815 shares of the exchange traded fund’s stock worth $117,000 after acquiring an additional 1,751 shares during the last quarter. Squarepoint Ops LLC boosted its stake in shares of ProShares UltraPro Short Dow30 by 246.1% during the second quarter. Squarepoint Ops LLC now owns 80,829 shares of the exchange traded fund’s stock valued at $3,352,000 after acquiring an additional 57,476 shares during the last quarter. BNP Paribas Financial Markets increased its position in ProShares UltraPro Short Dow30 by 120.4% during the 2nd quarter. BNP Paribas Financial Markets now owns 4,863 shares of the exchange traded fund’s stock worth $202,000 after purchasing an additional 2,657 shares in the last quarter. Group One Trading LLC purchased a new stake in ProShares UltraPro Short Dow30 during the 2nd quarter worth about $492,000. Finally, Corient Private Wealth LLC acquired a new position in ProShares UltraPro Short Dow30 in the 2nd quarter valued at about $207,000.

ProShares UltraPro Short Dow30 Stock Performance

NYSEARCA:SDOW opened at $23.78 on Thursday. The company’s 50-day moving average is $25.98 and its two-hundred day moving average is $29.35. ProShares UltraPro Short Dow30 has a 12-month low of $22.85 and a 12-month high of $43.92.

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. The Fund invests in financial instruments whose value is derived from the value of an underlying asset, interest rate or index.