66,230 Shares in ProShares UltraShort S&P500 $SDS Bought by Three Seasons Wealth LLC

Three Seasons Wealth LLC purchased a new position in ProShares UltraShort S&P500 (NYSEARCA:SDS) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 66,230 shares of the real estate investment trust’s stock, valued at approximately $4,984,000. ProShares UltraShort S&P500 accounts for approximately 1.9% of Three Seasons Wealth LLC’s investment portfolio, making the stock its 11th biggest position.

Other large investors have also bought and sold shares of the company. Colonial Trust Advisors bought a new stake in ProShares UltraShort S&P500 in the fourth quarter valued at $94,000. JPMorgan Chase & Co. boosted its position in shares of ProShares UltraShort S&P500 by 10.1% during the 2nd quarter. JPMorgan Chase & Co. now owns 9,087 shares of the real estate investment trust’s stock worth $151,000 after purchasing an additional 835 shares in the last quarter. Simplex Trading LLC acquired a new stake in shares of ProShares UltraShort S&P500 in the 4th quarter valued at about $159,000. Sunbelt Securities Inc. bought a new stake in ProShares UltraShort S&P500 in the 4th quarter valued at about $178,000. Finally, Cassaday & Co Wealth Management LLC acquired a new position in shares of ProShares UltraShort S&P500 during the fourth quarter worth approximately $205,000.

ProShares UltraShort S&P500 Stock Performance

SDS opened at $55.82 on Thursday. ProShares UltraShort S&P500 has a fifty-two week low of $55.60 and a fifty-two week high of $83.63. The company’s 50-day moving average is $57.67 and its 200 day moving average is $64.68.

About ProShares UltraShort S&P500

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.