Chelsea Counsel Co. Has $578,000 Stock Holdings in ProShares UltraShort S&P500 $SDS

Chelsea Counsel Co. trimmed its position in shares of ProShares UltraShort S&P500 (NYSEARCA:SDS) by 80.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 8,434 shares of the real estate investment trust’s stock after selling 33,736 shares during the period. Chelsea Counsel Co. owned approximately 0.17% of ProShares UltraShort S&P500 worth $578,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. JFS Wealth Advisors LLC bought a new stake in shares of ProShares UltraShort S&P500 in the 3rd quarter worth approximately $87,000. Colonial Trust Advisors acquired a new stake in shares of ProShares UltraShort S&P500 during the 4th quarter worth approximately $94,000. JPMorgan Chase & Co. increased its position in shares of ProShares UltraShort S&P500 by 10.1% during the second quarter. JPMorgan Chase & Co. now owns 9,087 shares of the real estate investment trust’s stock valued at $151,000 after purchasing an additional 835 shares during the period. Simplex Trading LLC bought a new stake in shares of ProShares UltraShort S&P500 during the fourth quarter valued at approximately $159,000. Finally, Sunbelt Securities Inc. acquired a new position in shares of ProShares UltraShort S&P500 in the fourth quarter valued at $178,000.

ProShares UltraShort S&P500 Stock Performance

Shares of NYSEARCA SDS opened at $57.35 on Friday. ProShares UltraShort S&P500 has a one year low of $55.60 and a one year high of $91.50. The business has a fifty day simple moving average of $60.34 and a 200 day simple moving average of $66.29.

ProShares UltraShort S&P500 Company Profile

ProShares UltraShort S&P500 (the Fund) seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of the S&P 500 (the Index). The Index is a measure of large-cap the United States stock market performance. It is a float-adjusted, market capitalization-weighted index of 500 United States operating companies and real estate investment trusts selected through a process that factors criteria, such as liquidity, price, market capitalization and financial viability.