ProShares UltraPro Short Dow30 $SDOW Shares Bought by Group One Trading LLC

Group One Trading LLC raised its holdings in ProShares UltraPro Short Dow30 (NYSEARCA:SDOW) by 335.7% in the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 58,829 shares of the exchange traded fund’s stock after buying an additional 45,328 shares during the quarter. Group One Trading LLC owned about 0.93% of ProShares UltraPro Short Dow30 worth $2,071,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the business. IMC Chicago LLC acquired a new position in shares of ProShares UltraPro Short Dow30 during the fourth quarter valued at about $3,393,000. Avidian Wealth Enterprises LLC acquired a new stake in ProShares UltraPro Short Dow30 in the 4th quarter worth approximately $639,000. Capstone Capital Management Ltd acquired a new stake in ProShares UltraPro Short Dow30 in the 1st quarter worth approximately $436,000. Goldman Sachs Group Inc. purchased a new stake in ProShares UltraPro Short Dow30 during the 4th quarter worth approximately $1,598,000. Finally, Quadrature Capital Ltd purchased a new stake in ProShares UltraPro Short Dow30 during the 4th quarter worth approximately $3,681,000.

ProShares UltraPro Short Dow30 Stock Performance

Shares of ProShares UltraPro Short Dow30 stock opened at $24.43 on Thursday. The firm’s 50 day simple moving average is $25.57 and its two-hundred day simple moving average is $29.11. ProShares UltraPro Short Dow30 has a 12-month low of $22.85 and a 12-month high of $43.92.

ProShares UltraPro Short Dow30 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. The Fund invests in financial instruments whose value is derived from the value of an underlying asset, interest rate or index.