132,645 Shares in ProShares UltraShort S&P500 (NYSEARCA:SDS) Purchased by Diversify Advisory Services LLC

Diversify Advisory Services LLC acquired a new stake in shares of ProShares UltraShort S&P500 (NYSEARCA:SDS) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 132,645 shares of the real estate investment trust’s stock, valued at approximately $2,662,000. Diversify Advisory Services LLC owned about 0.65% of ProShares UltraShort S&P500 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. lifted its position in shares of ProShares UltraShort S&P500 by 11.3% during the third quarter. JPMorgan Chase & Co. now owns 8,085 shares of the real estate investment trust’s stock worth $167,000 after acquiring an additional 820 shares in the last quarter. Tidal Investments LLC raised its stake in shares of ProShares UltraShort S&P500 by 60.9% during the 3rd quarter. Tidal Investments LLC now owns 31,800 shares of the real estate investment trust’s stock valued at $656,000 after purchasing an additional 12,036 shares during the period. PVG Asset Management Corp lifted its holdings in ProShares UltraShort S&P500 by 46.4% during the 3rd quarter. PVG Asset Management Corp now owns 173,587 shares of the real estate investment trust’s stock worth $3,581,000 after purchasing an additional 54,984 shares in the last quarter. Edgestream Partners L.P. purchased a new stake in ProShares UltraShort S&P500 during the 3rd quarter worth about $656,000. Finally, Raffles Associates LP boosted its stake in ProShares UltraShort S&P500 by 12.2% in the 3rd quarter. Raffles Associates LP now owns 230,000 shares of the real estate investment trust’s stock worth $4,745,000 after purchasing an additional 25,000 shares during the period.

ProShares UltraShort S&P500 Trading Down 1.9 %

Shares of SDS opened at $18.97 on Monday. ProShares UltraShort S&P500 has a twelve month low of $18.58 and a twelve month high of $30.48. The business’s 50-day moving average price is $19.31 and its 200-day moving average price is $20.95.

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.