ProShares UltraShort S&P500 $SDS Shares Sold by IMC Chicago LLC

IMC Chicago LLC lowered its position in ProShares UltraShort S&P500 (NYSEARCA:SDS) by 12.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 90,844 shares of the real estate investment trust’s stock after selling 12,624 shares during the quarter. IMC Chicago LLC owned about 1.85% of ProShares UltraShort S&P500 worth $6,222,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in the company. Sollinda Capital Management LLC acquired a new stake in shares of ProShares UltraShort S&P500 in the third quarter valued at approximately $19,051,000. Clough Capital Partners L P acquired a new stake in shares of ProShares UltraShort S&P500 in the third quarter valued at approximately $6,886,000. Jump Financial LLC increased its stake in shares of ProShares UltraShort S&P500 by 30.8% in the third quarter. Jump Financial LLC now owns 475,804 shares of the real estate investment trust’s stock valued at $6,875,000 after purchasing an additional 112,001 shares during the period. Axxcess Wealth Management LLC acquired a new stake in shares of ProShares UltraShort S&P500 in the third quarter valued at approximately $4,322,000. Finally, Csenge Advisory Group acquired a new stake in shares of ProShares UltraShort S&P500 in the third quarter valued at approximately $3,832,000.

ProShares UltraShort S&P500 Stock Performance

Shares of NYSEARCA:SDS opened at $63.06 on Thursday. The firm’s 50 day moving average is $69.80 and its two-hundred day moving average is $69.43. ProShares UltraShort S&P500 has a 52 week low of $62.34 and a 52 week high of $108.75.

ProShares UltraShort S&P500 Company 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.