Talon Private Wealth LLC purchased a new stake in shares of ProShares UltraShort Bloomberg Crude Oil (NYSEARCA:SCO – Free Report) during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 1,023,723 shares of the exchange traded fund’s stock, valued at approximately $8,517,000. ProShares UltraShort Bloomberg Crude Oil makes up approximately 1.1% of Talon Private Wealth LLC’s holdings, making the stock its 16th biggest holding. Talon Private Wealth LLC owned about 0.64% of ProShares UltraShort Bloomberg Crude Oil at the end of the most recent quarter.
Other hedge funds have also added to or reduced their stakes in the company. Brookstone Capital Management bought a new stake in ProShares UltraShort Bloomberg Crude Oil during the 1st quarter worth approximately $8,930,000. IMC Chicago LLC boosted its position in shares of ProShares UltraShort Bloomberg Crude Oil by 156.1% during the 1st quarter. IMC Chicago LLC now owns 47,102 shares of the exchange traded fund’s stock valued at $392,000 after acquiring an additional 28,710 shares during the last quarter. Marks Group Wealth Management Inc purchased a new position in shares of ProShares UltraShort Bloomberg Crude Oil during the first quarter worth about $528,000. Spectrum Financial Alliance Ltd LLC bought a new position in shares of ProShares UltraShort Bloomberg Crude Oil in the first quarter worth approximately $5,611,000. Finally, Bogart Wealth LLC purchased a new stake in shares of ProShares UltraShort Bloomberg Crude Oil during the 1st quarter valued at $191,000.
ProShares UltraShort Bloomberg Crude Oil Trading Up 5.5%
SCO opened at $29.59 on Wednesday. ProShares UltraShort Bloomberg Crude Oil has a 12-month low of $22.84 and a 12-month high of $84.14. The stock has a 50-day moving average price of $29.42 and a 200-day moving average price of $39.97.
ProShares UltraShort Bloomberg Crude Oil Profile
The ProShares UltraShort Bloomberg Crude Oil (SCO) is an exchange-traded fund that is based on the Bloomberg WTI Crude Oil Subindex index. The fund provides -2x the daily return of an index of futures contracts on light sweet crude oil. SCO was launched on Nov 24, 2008 and is managed by ProShares.
Further Reading
- Five stocks we like better than ProShares UltraShort Bloomberg Crude Oil
- These 3 Stocks Have Soared in 2026—Can They Keep Climbing?
- Hasbro’s Earnings Beat Shows Why This Is No Longer Just a Toy Story
- Rambus: Another AI Phoenix Ready to Rise From the Ashes of Correction
- Chips & Clips: Memory Tariffs Rewire Tech Supply Chains
Want to see what other hedge funds are holding SCO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ProShares UltraShort Bloomberg Crude Oil (NYSEARCA:SCO – Free Report).
Receive News & Ratings for ProShares UltraShort Bloomberg Crude Oil Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares UltraShort Bloomberg Crude Oil and related companies with MarketBeat.com's FREE daily email newsletter.
