Renaissance Technologies LLC acquired a new position in shares of ProShares UltraPro Short Dow30 (NYSEARCA:SDOW) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 14,000 shares of the exchange traded fund’s stock, valued at approximately $262,000.

SDOW stock opened at $14.72 on Friday. ProShares UltraPro Short Dow30 has a 52-week low of $13.54 and a 52-week high of $23.75.

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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.

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