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

IMC Chicago LLC trimmed its stake in shares of ProShares UltraShort S&P500 (NYSEARCA:SDS) by 51.6% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 103,468 shares of the real estate investment trust’s stock after selling 110,298 shares during the quarter. IMC Chicago LLC owned 0.32% of ProShares UltraShort S&P500 worth $1,495,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. RHS Financial LLC purchased a new stake in shares of ProShares UltraShort S&P500 during the second quarter worth approximately $228,000. Adell Harriman & Carpenter Inc. grew its holdings in ProShares UltraShort S&P500 by 14.9% during the 2nd quarter. Adell Harriman & Carpenter Inc. now owns 15,000 shares of the real estate investment trust’s stock worth $250,000 after acquiring an additional 1,940 shares in the last quarter. Simplex Trading LLC increased its position in shares of ProShares UltraShort S&P500 by 351.6% in the 2nd quarter. Simplex Trading LLC now owns 29,176 shares of the real estate investment trust’s stock valued at $485,000 after purchasing an additional 22,716 shares during the last quarter. Citizens Financial Group Inc. RI raised its holdings in shares of ProShares UltraShort S&P500 by 8.5% in the 2nd quarter. Citizens Financial Group Inc. RI now owns 27,106 shares of the real estate investment trust’s stock valued at $456,000 after purchasing an additional 2,125 shares in the last quarter. Finally, Bedell Frazier Investment Counselling LLC purchased a new stake in shares of ProShares UltraShort S&P500 during the 2nd quarter worth $5,270,000.

ProShares UltraShort S&P500 Trading Down 3.8%

Shares of SDS stock opened at $67.14 on Friday. ProShares UltraShort S&P500 has a 12 month low of $65.71 and a 12 month high of $141.55. The firm has a fifty day moving average price of $68.02 and a 200 day moving average price of $72.26.

ProShares UltraShort S&P500 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.