ProShares UltraShort Dow30 (NYSEARCA:DXD) gapped up before the market opened on Tuesday . The stock had previously closed at $30.75, but opened at $31.63. ProShares UltraShort Dow30 shares last traded at $33.05, with a volume of 4876401 shares changing hands.

A hedge fund recently bought a new stake in ProShares UltraShort Dow30 stock. Virtu Financial LLC bought a new stake in shares of ProShares UltraShort Dow30 (NYSEARCA:DXD) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 30,806 shares of the exchange traded fund’s stock, valued at approximately $885,000. Virtu Financial LLC owned 0.71% of ProShares UltraShort Dow30 at the end of the most recent reporting period.

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About ProShares UltraShort Dow30 (NYSEARCA:DXD)

ProShares UltraShort Dow30 (the Fund), formerly UltraShort Dow30 ProShares, seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of the Dow Jones Industrial Average (DJIA). The DJIA is a price-weighted index maintained by editors of The Wall Street Journal.

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