Headlands Technologies LLC Invests $763,000 in ProShares UltraPro Short Dow30 (NYSEARCA:SDOW)

Headlands Technologies LLC bought a new stake in ProShares UltraPro Short Dow30 (NYSEARCA:SDOW) in the 4th quarter, according to its most recent 13F filing with the SEC. The firm bought 15,062 shares of the exchange traded fund’s stock, valued at approximately $763,000. Headlands Technologies LLC owned 0.08% of ProShares UltraPro Short Dow30 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its holdings in ProShares UltraPro Short Dow30 by 19.8% during the third quarter. JPMorgan Chase & Co. now owns 3,280 shares of the exchange traded fund’s stock worth $43,000 after buying an additional 543 shares during the last quarter. Werba Rubin Papier Wealth Management bought a new stake in shares of ProShares UltraPro Short Dow30 during the fourth quarter worth about $344,000. XTX Topco Ltd acquired a new stake in shares of ProShares UltraPro Short Dow30 in the 3rd quarter worth about $137,000. Walleye Capital LLC bought a new position in ProShares UltraPro Short Dow30 in the 3rd quarter valued at about $727,000. Finally, Flow Traders U.S. LLC boosted its stake in ProShares UltraPro Short Dow30 by 21.0% during the 3rd quarter. Flow Traders U.S. LLC now owns 52,397 shares of the exchange traded fund’s stock valued at $685,000 after purchasing an additional 9,090 shares during the last quarter.

ProShares UltraPro Short Dow30 Price Performance

Shares of ProShares UltraPro Short Dow30 stock opened at $51.44 on Thursday. ProShares UltraPro Short Dow30 has a 52 week low of $42.97 and a 52 week high of $74.88. The business has a 50 day moving average price of $48.44 and a 200-day moving average price of $49.30.

ProShares UltraPro Short Dow30 Cuts Dividend

The business also recently declared a dividend, which was paid on Tuesday, April 1st. Investors of record on Wednesday, March 26th were given a $0.6141 dividend. The ex-dividend date was Wednesday, March 26th.

ProShares UltraPro Short Dow30 Profile

ProShares UltraPro Short Dow30 (the Fund) seeks daily investment results that correspond to three times (300%) the inverse (opposite) of the daily performance of the Dow Jones Industrial Average (the Index). The Index is a price-weighted index maintained by editors of The Wall Street Journal. The Index includes 30 large-cap, United States stocks, excluding utility and transportation companies.