Headlands Technologies LLC acquired a new stake in shares of ProShares UltraPro Short S&P 500 (NYSEARCA:SPXU – Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 72,206 shares of the exchange traded fund’s stock, valued at approximately $1,627,000. Headlands Technologies LLC owned about 0.46% of ProShares UltraPro Short S&P 500 as of its most recent filing with the SEC.
A number of other hedge funds have also recently modified their holdings of the stock. Axxcess Wealth Management LLC purchased a new position in ProShares UltraPro Short S&P 500 in the fourth quarter valued at $4,112,000. Sollinda Capital Management LLC acquired a new stake in shares of ProShares UltraPro Short S&P 500 during the 4th quarter valued at about $612,000. Ridgepath Capital Management LLC purchased a new position in shares of ProShares UltraPro Short S&P 500 in the 4th quarter valued at about $4,112,000. Edgestream Partners L.P. acquired a new position in ProShares UltraPro Short S&P 500 in the 3rd quarter worth about $287,000. Finally, Cadent Capital Advisors LLC purchased a new position in ProShares UltraPro Short S&P 500 during the fourth quarter worth approximately $11,379,000.
ProShares UltraPro Short S&P 500 Stock Performance
ProShares UltraPro Short S&P 500 stock opened at $25.28 on Wednesday. The business has a 50 day simple moving average of $22.65 and a 200-day simple moving average of $22.77. ProShares UltraPro Short S&P 500 has a 12 month low of $19.89 and a 12 month high of $38.63.
ProShares UltraPro Short S&P 500 Cuts Dividend
About ProShares UltraPro Short S&P 500
The Fund seeks daily investment results that correspond to triple the inverse of the daily performance of the Index. The Fund invests in derivatives that it believes should have similar daily return characteristics as triple the inverse of the daily performance of the Index.
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