Emancipation Management LLC reduced its stake in ProShares UltraPro Shrt S&P 500 ProShrs (NYSEARCA:SPXU) by 2.3% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 86,300 shares of the exchange traded fund’s stock after selling 2,000 shares during the quarter. ProShares UltraPro Shrt S&P 500 ProShrs comprises approximately 2.2% of Emancipation Management LLC’s holdings, making the stock its 11th largest position. Emancipation Management LLC’s holdings in ProShares UltraPro Shrt S&P 500 ProShrs were worth $1,351,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Clear Harbor Asset Management LLC boosted its position in shares of ProShares UltraPro Shrt S&P 500 ProShrs by 9.1% in the 2nd quarter. Clear Harbor Asset Management LLC now owns 16,745 shares of the exchange traded fund’s stock worth $255,000 after purchasing an additional 1,400 shares in the last quarter. HRT Financial LLC bought a new stake in shares of ProShares UltraPro Shrt S&P 500 ProShrs in the 2nd quarter worth approximately $165,000. Finally, Almanack Investment Partners LLC. bought a new stake in shares of ProShares UltraPro Shrt S&P 500 ProShrs in the 2nd quarter worth approximately $1,570,000.

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Shares of ProShares UltraPro Shrt S&P 500 ProShrs (NYSEARCA SPXU) traded down 0.663% during mid-day trading on Tuesday, hitting $14.225. The stock had a trading volume of 2,529,682 shares. ProShares UltraPro Shrt S&P 500 ProShrs has a 52-week low of $14.18 and a 52-week high of $25.84. The company’s 50 day moving average is $14.88 and its 200-day moving average is $15.99.

About ProShares UltraPro Shrt S&P 500 ProShrs

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.

Institutional Ownership by Quarter for ProShares UltraPro Shrt S&P 500 ProShrs (NYSEARCA:SPXU)

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