IMC Chicago LLC Boosts Stock Position in ProShares UltraShort S&P500 $SDS

IMC Chicago LLC boosted its position in ProShares UltraShort S&P500 (NYSEARCA:SDS) by 12.2% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 101,929 shares of the real estate investment trust’s stock after purchasing an additional 11,085 shares during the quarter. IMC Chicago LLC’s holdings in ProShares UltraShort S&P500 were worth $7,670,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SDS. Beacon Financial Group acquired a new stake in shares of ProShares UltraShort S&P500 during the 1st quarter worth about $241,000. Integrated Advisors Network LLC raised its position in shares of ProShares UltraShort S&P500 by 1,311.4% in the first quarter. Integrated Advisors Network LLC now owns 150,056 shares of the real estate investment trust’s stock valued at $11,292,000 after buying an additional 139,424 shares during the last quarter. Sunbelt Securities Inc. acquired a new position in shares of ProShares UltraShort S&P500 in the fourth quarter valued at approximately $178,000. Quadrature Capital Ltd purchased a new position in shares of ProShares UltraShort S&P500 during the fourth quarter valued at approximately $5,547,000. Finally, Squarepoint Ops LLC lifted its stake in shares of ProShares UltraShort S&P500 by 8.0% during the fourth quarter. Squarepoint Ops LLC now owns 12,271 shares of the real estate investment trust’s stock valued at $840,000 after buying an additional 910 shares during the period.

ProShares UltraShort S&P500 Stock Performance

Shares of NYSEARCA SDS opened at $55.82 on Thursday. ProShares UltraShort S&P500 has a 1 year low of $55.60 and a 1 year high of $83.63. The firm’s 50 day moving average price is $57.67 and its 200 day moving average price 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.