Hedges Asset Management LLC Invests $840,000 in ProShares Short Dow30 $DOG

Hedges Asset Management LLC acquired a new position in shares of ProShares Short Dow30 (NYSEARCA:DOG) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 34,500 shares of the company’s stock, valued at approximately $840,000. Hedges Asset Management LLC owned about 0.66% of ProShares Short Dow30 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Union Bancaire Privee UBP SA acquired a new position in ProShares Short Dow30 during the second quarter worth about $25,000. JPMorgan Chase & Co. grew its holdings in shares of ProShares Short Dow30 by 11,700.0% during the 2nd quarter. JPMorgan Chase & Co. now owns 1,180 shares of the company’s stock valued at $30,000 after purchasing an additional 1,170 shares during the last quarter. Headlands Technologies LLC bought a new stake in shares of ProShares Short Dow30 during the 2nd quarter valued at approximately $33,000. Jane Street Group LLC acquired a new position in ProShares Short Dow30 during the 2nd quarter worth approximately $670,000. Finally, Squarepoint Ops LLC lifted its stake in ProShares Short Dow30 by 122.7% in the 2nd quarter. Squarepoint Ops LLC now owns 58,603 shares of the company’s stock valued at $1,493,000 after purchasing an additional 32,283 shares during the last quarter.

ProShares Short Dow30 Stock Performance

Shares of ProShares Short Dow30 stock opened at $23.79 on Thursday. The company’s 50 day moving average price is $24.06 and its two-hundred day moving average price is $24.89. ProShares Short Dow30 has a fifty-two week low of $23.29 and a fifty-two week high of $30.81.

ProShares Short Dow30 Profile

ProShares Short Dow30 (the Fund), formerly Short Dow30 ProShares, seeks daily investment results that correspond to the inverse 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 DJIA includes 30 large-cap, blue-chip United States stocks, excluding utility and transportation companies.