IMC Chicago LLC Acquires Shares of 20,966 ProShares UltraShort Real Estate (NYSEARCA:SRS)

IMC Chicago LLC bought a new position in shares of ProShares UltraShort Real Estate (NYSEARCA:SRS) during the 1st quarter, according to the company in its most recent filing with the SEC. The fund bought 20,966 shares of the company’s stock, valued at approximately $305,000. IMC Chicago LLC owned 0.63% of ProShares UltraShort Real Estate at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the business. Mutual Advisors LLC purchased a new position in ProShares UltraShort Real Estate in the third quarter valued at about $247,000. Pacific Capital Wealth Advisors Inc. acquired a new position in ProShares UltraShort Real Estate during the fourth quarter worth $44,000. Finally, Tower Research Capital LLC TRC raised its holdings in ProShares UltraShort Real Estate by 5.6% during the third quarter. Tower Research Capital LLC TRC now owns 14,545 shares of the company’s stock worth $299,000 after purchasing an additional 776 shares during the last quarter.

ProShares UltraShort Real Estate Price Performance

ProShares UltraShort Real Estate stock opened at $15.13 on Monday. ProShares UltraShort Real Estate has a fifty-two week low of $13.99 and a fifty-two week high of $23.30. The stock’s fifty day moving average is $16.10 and its two-hundred day moving average is $15.56.

ProShares UltraShort Real Estate Company Profile

ProShares UltraShort Real Estate (the Fund) seeks daily investment results that correspond to twice the inverse daily performance of the Dow Jones U.S. Real Estate Index (the Index). The Index measures the performance of the real estate sector of the United States equity market. Component companies include those that invest directly or indirectly through development, management or ownership of shopping malls, apartment buildings and housing developments, and real estate investment trusts (REITs) that invest in apartments, office and retail properties.