IMC Chicago LLC Acquires New Position in ProShares UltraShort Dow30 $DXD

IMC Chicago LLC acquired a new stake in ProShares UltraShort Dow30 (NYSEARCA:DXD) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 99,488 shares of the exchange traded fund’s stock, valued at approximately $2,189,000. IMC Chicago LLC owned about 3.74% of ProShares UltraShort Dow30 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently bought and sold shares of the business. Quadrature Capital Ltd bought a new stake in shares of ProShares UltraShort Dow30 during the 4th quarter valued at $929,000. Squarepoint Ops LLC boosted its position in shares of ProShares UltraShort Dow30 by 199.4% in the 2nd quarter. Squarepoint Ops LLC now owns 35,783 shares of the exchange traded fund’s stock worth $868,000 after purchasing an additional 23,831 shares during the last quarter. HRT Financial LP acquired a new stake in shares of ProShares UltraShort Dow30 during the fourth quarter worth $340,000. Jane Street Group LLC acquired a new stake in shares of ProShares UltraShort Dow30 during the second quarter worth $274,000. Finally, Simplex Trading LLC increased its holdings in ProShares UltraShort Dow30 by 18.3% in the fourth quarter. Simplex Trading LLC now owns 7,173 shares of the exchange traded fund’s stock valued at $147,000 after purchasing an additional 1,112 shares during the last quarter.

ProShares UltraShort Dow30 Price Performance

NYSEARCA:DXD opened at $17.00 on Thursday. ProShares UltraShort Dow30 has a 1-year low of $16.55 and a 1-year high of $25.22. The business’s 50-day moving average price is $18.03 and its two-hundred day moving average price is $19.46.

About ProShares UltraShort Dow30

ProShares UltraShort Dow30 (the Fund), formerly UltraShort Dow30 ProShares, seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of the Dow Jones Industrial Average (DJIA). The DJIA is a price-weighted index maintained by editors of The Wall Street Journal. The Index includes 30 large-cap, blue-chip United States stocks, excluding utility and transportation companies. Components are selected through a discretionary process with no predetermined criteria except that components should be established United States companies.