Bluestein R H & Co. lowered its stake in ProShares UltraShort S&P500 (NYSEARCA:SDS) by 16.7% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 69,608 shares of the real estate investment trust’s stock after selling 14,000 shares during the period. Bluestein R H & Co.’s holdings in ProShares UltraShort S&P500 were worth $883,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of SDS. Beaumont Financial Partners LLC acquired a new stake in shares of ProShares UltraShort S&P500 in the second quarter valued at approximately $127,000. Aviance Capital Partners LLC acquired a new stake in shares of ProShares UltraShort S&P500 in the second quarter valued at approximately $190,000. Clear Harbor Asset Management LLC acquired a new stake in shares of ProShares UltraShort S&P500 in the second quarter valued at approximately $226,000. JFS Wealth Advisors LLC increased its holdings in shares of ProShares UltraShort S&P500 by 3.6% in the second quarter. JFS Wealth Advisors LLC now owns 29,000 shares of the real estate investment trust’s stock valued at $368,000 after purchasing an additional 1,000 shares in the last quarter. Finally, Dearborn Partners LLC acquired a new stake in shares of ProShares UltraShort S&P500 in the second quarter valued at approximately $380,000.

Shares of ProShares UltraShort S&P500 (NYSEARCA:SDS) traded up 0.02% during mid-day trading on Friday, hitting $47.31. 2,472,214 shares of the company were exchanged. The company’s 50-day moving average price is $48.79 and its 200-day moving average price is $51.10. ProShares UltraShort S&P500 has a 12-month low of $47.03 and a 12-month high of $70.64.

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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.

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Institutional Ownership by Quarter for ProShares UltraShort S&P500 (NYSEARCA:SDS)

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