Jane Street Group LLC boosted its stake in shares of ProShares Ultra SmallCap600 (NYSEARCA:SAA) by 10.5% in the second quarter, Holdings Channel reports. The institutional investor owned 7,086 shares of the company’s stock after acquiring an additional 676 shares during the period. Jane Street Group LLC’s holdings in ProShares Ultra SmallCap600 were worth $686,000 as of its most recent SEC filing.
Separately, Tower Research Capital LLC TRC raised its stake in ProShares Ultra SmallCap600 by 28.1% in the 2nd quarter. Tower Research Capital LLC TRC now owns 23,532 shares of the company’s stock worth $2,279,000 after acquiring an additional 5,169 shares during the last quarter.
Shares of SAA stock opened at $89.19 on Friday. The business has a fifty day moving average of $92.44 and a 200 day moving average of $94.53. ProShares Ultra SmallCap600 has a 1 year low of $68.69 and a 1 year high of $119.00.
ProShares Ultra SmallCap600 (the Fund) seeks daily investment results that correspond to twice (200%) the daily performance of the S&P SmallCap 600 Index (the Index). The Fund intends to invest at least 80% of its net assets, including any borrowings for investment purposes, under normal circumstances, to equity securities contained in the Index and/or financial instruments that, in combination, have similar economic characteristics.
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