IMC Chicago LLC Purchases Shares of 106,210 ProShares UltraPro Short Dow30 $SDOW

IMC Chicago LLC purchased a new stake in ProShares UltraPro Short Dow30 (NYSEARCA:SDOW) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 106,210 shares of the exchange traded fund’s stock, valued at approximately $3,393,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Game Plan Financial Advisors LLC purchased a new stake in ProShares UltraPro Short Dow30 in the 3rd quarter valued at about $36,000. JPMorgan Chase & Co. grew its holdings in ProShares UltraPro Short Dow30 by 164.6% in the 2nd quarter. JPMorgan Chase & Co. now owns 2,815 shares of the exchange traded fund’s stock valued at $117,000 after buying an additional 1,751 shares during the period. BNP Paribas Financial Markets grew its holdings in ProShares UltraPro Short Dow30 by 120.4% in the 2nd quarter. BNP Paribas Financial Markets now owns 4,863 shares of the exchange traded fund’s stock valued at $202,000 after buying an additional 2,657 shares during the period. Corient Private Wealth LLC purchased a new stake in ProShares UltraPro Short Dow30 in the 2nd quarter valued at about $207,000. Finally, Group One Trading LLC purchased a new stake in ProShares UltraPro Short Dow30 in the 2nd quarter valued at about $492,000.

ProShares UltraPro Short Dow30 Stock Performance

SDOW opened at $28.84 on Friday. The business has a 50-day moving average of $32.37 and a two-hundred day moving average of $32.20. ProShares UltraPro Short Dow30 has a 12 month low of $27.55 and a 12 month high of $52.99.

About ProShares UltraPro Short Dow30

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. The Fund invests in financial instruments whose value is derived from the value of an underlying asset, interest rate or index.