ProShares UltraPro Short Dow30 (NYSEARCA:SDOW – Get Free Report) shares gapped down before the market opened on Wednesday . The stock had previously closed at $50.91, but opened at $48.64. ProShares UltraPro Short Dow30 shares last traded at $48.40, with a volume of 1,127,390 shares changing hands.
ProShares UltraPro Short Dow30 Trading Up 0.5 %
The company has a fifty day moving average price of $47.97 and a 200 day moving average price of $54.21.
Institutional Trading of ProShares UltraPro Short Dow30
A number of hedge funds have recently made changes to their positions in the stock. Hollencrest Capital Management grew its holdings in ProShares UltraPro Short Dow30 by 76.9% in the 2nd quarter. Hollencrest Capital Management now owns 6,900 shares of the exchange traded fund’s stock worth $115,000 after acquiring an additional 3,000 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in ProShares UltraPro Short Dow30 by 19.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 3,280 shares of the exchange traded fund’s stock valued at $43,000 after purchasing an additional 543 shares during the period. XTX Topco Ltd purchased a new stake in ProShares UltraPro Short Dow30 in the 3rd quarter worth approximately $137,000. Walleye Capital LLC purchased a new stake in ProShares UltraPro Short Dow30 in the 3rd quarter worth approximately $727,000. Finally, Flow Traders U.S. LLC grew its position in shares of ProShares UltraPro Short Dow30 by 21.0% in the 3rd quarter. Flow Traders U.S. LLC now owns 52,397 shares of the exchange traded fund’s stock worth $685,000 after buying an additional 9,090 shares during the last quarter.
ProShares UltraPro Short Dow30 Company Profile
ProShares UltraPro Short Dow30 (the Fund) seeks daily investment results that correspond to three times (300%) the inverse (opposite) of the daily performance of the Dow Jones Industrial Average (the Index). The Index is a price-weighted index maintained by editors of The Wall Street Journal. The Index includes 30 large-cap, United States stocks, excluding utility and transportation companies.
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