ProShares UltraPro Short Dow30 (NYSEARCA:SDOW – Get Free Report) shares gapped up prior to trading on Monday . The stock had previously closed at $44.43, but opened at $46.08. ProShares UltraPro Short Dow30 shares last traded at $45.70, with a volume of 982,808 shares trading hands.
ProShares UltraPro Short Dow30 Trading Down 0.8 %
The firm has a 50-day moving average price of $47.45 and a two-hundred day moving average price of $52.41.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently modified their holdings of the company. Walleye Capital LLC acquired a new position in ProShares UltraPro Short Dow30 in the 3rd quarter valued at about $727,000. Flow Traders U.S. LLC boosted its holdings in shares of ProShares UltraPro Short Dow30 by 21.0% during the third quarter. Flow Traders U.S. LLC now owns 52,397 shares of the exchange traded fund’s stock worth $685,000 after acquiring an additional 9,090 shares during the period. XTX Topco Ltd bought a new stake in shares of ProShares UltraPro Short Dow30 during the third quarter worth approximately $137,000. JPMorgan Chase & Co. increased its stake in shares of 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 purchasing an additional 543 shares during the period. Finally, Werba Rubin Papier Wealth Management bought a new position in shares of ProShares UltraPro Short Dow30 during the fourth quarter worth approximately $344,000.
ProShares UltraPro Short Dow30 Company 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.
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