Capital Investment Advisory Services LLC Invests $74,000 in ProShares UltraShort S&P500 (NYSEARCA:SDS)

Capital Investment Advisory Services LLC bought a new position in ProShares UltraShort S&P500 (NYSEARCA:SDS) during the fourth quarter, HoldingsChannel.com reports. The fund bought 2,464 shares of the real estate investment trust’s stock, valued at approximately $74,000.

A number of other institutional investors have also recently modified their holdings of the stock. Canal Capital Management LLC grew its stake in shares of ProShares UltraShort S&P500 by 1.3% in the third quarter. Canal Capital Management LLC now owns 23,857 shares of the real estate investment trust’s stock worth $885,000 after acquiring an additional 312 shares during the last quarter. Arkadios Wealth Advisors boosted its position in shares of ProShares UltraShort S&P500 by 6.4% during the fourth quarter. Arkadios Wealth Advisors now owns 11,018 shares of the real estate investment trust’s stock valued at $330,000 after buying an additional 661 shares during the last quarter. Barclays PLC purchased a new stake in shares of ProShares UltraShort S&P500 during the second quarter valued at $34,000. Integrated Advisors Network LLC boosted its position in shares of ProShares UltraShort S&P500 by 6.6% during the third quarter. Integrated Advisors Network LLC now owns 28,061 shares of the real estate investment trust’s stock valued at $1,041,000 after buying an additional 1,726 shares during the last quarter. Finally, VitalStone Financial LLC boosted its position in shares of ProShares UltraShort S&P500 by 250.0% during the third quarter. VitalStone Financial LLC now owns 3,500 shares of the real estate investment trust’s stock valued at $123,000 after buying an additional 2,500 shares during the last quarter.

ProShares UltraShort S&P500 Stock Up 0.9 %

ProShares UltraShort S&P500 stock opened at $27.04 on Friday. ProShares UltraShort S&P500 has a one year low of $24.69 and a one year high of $41.41. The business’s fifty day moving average is $26.19 and its 200 day moving average is $30.23.

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.