29,307 Shares in ProShares UltraShort S&P500 (NYSEARCA:SDS) Bought by Headlands Technologies LLC

Headlands Technologies LLC acquired a new stake in ProShares UltraShort S&P500 (NYSEARCA:SDS) in the 4th quarter, according to its most recent filing with the SEC. The fund acquired 29,307 shares of the real estate investment trust’s stock, valued at approximately $877,000.

A number of other institutional investors have also recently bought and sold shares of the stock. Barclays PLC acquired a new stake in shares of ProShares UltraShort S&P500 in the 2nd quarter valued at about $34,000. SG Americas Securities LLC raised its position in ProShares UltraShort S&P500 by 226.3% in the 3rd quarter. SG Americas Securities LLC now owns 19,987 shares of the real estate investment trust’s stock valued at $742,000 after buying an additional 13,861 shares during the last quarter. Raymond James & Associates bought a new stake in ProShares UltraShort S&P500 in the 3rd quarter valued at approximately $6,419,000. Canal Capital Management LLC lifted its stake in ProShares UltraShort S&P500 by 1.3% in the 3rd quarter. Canal Capital Management LLC now owns 23,857 shares of the real estate investment trust’s stock valued at $885,000 after acquiring an additional 312 shares in the last quarter. Finally, PVG Asset Management Corp acquired a new position in ProShares UltraShort S&P500 during the 3rd quarter worth approximately $912,000.

ProShares UltraShort S&P500 Price Performance

Shares of SDS traded down $0.51 during mid-day trading on Friday, hitting $26.53. 10,097,119 shares of the company’s stock were exchanged, compared to its average volume of 9,385,912. The company has a 50-day simple moving average of $26.18 and a 200 day simple moving average of $30.16. ProShares UltraShort S&P500 has a 52 week low of $24.69 and a 52 week high of $41.41.

ProShares UltraShort S&P500 Company 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.