Banque Cantonale Vaudoise Makes New Investment in ProShares UltraShort S&P500 (NYSEARCA:SDS)

Banque Cantonale Vaudoise acquired a new position in ProShares UltraShort S&P500 (NYSEARCA:SDS) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 10,000 shares of the real estate investment trust’s stock, valued at approximately $230,000.

A number of other large investors have also recently made changes to their positions in the stock. Parallel Advisors LLC raised its stake in ProShares UltraShort S&P500 by 17.2% during the 4th quarter. Parallel Advisors LLC now owns 3,318 shares of the real estate investment trust’s stock worth $99,000 after acquiring an additional 487 shares during the period. VitalStone Financial LLC raised its position in shares of ProShares UltraShort S&P500 by 12.9% during the 4th quarter. VitalStone Financial LLC now owns 3,950 shares of the real estate investment trust’s stock valued at $118,000 after purchasing an additional 450 shares during the period. Axxcess Wealth Management LLC lifted its stake in shares of ProShares UltraShort S&P500 by 24.3% during the 4th quarter. Axxcess Wealth Management LLC now owns 7,120 shares of the real estate investment trust’s stock valued at $213,000 after buying an additional 1,390 shares in the last quarter. Norden Group LLC purchased a new position in shares of ProShares UltraShort S&P500 during the 1st quarter valued at $311,000. Finally, Cutter & CO Brokerage Inc. bought a new position in ProShares UltraShort S&P500 in the 1st quarter worth $516,000.

ProShares UltraShort S&P500 Trading Down 1.8 %

Shares of SDS stock opened at $21.74 on Tuesday. The stock has a fifty day simple moving average of $22.79 and a two-hundred day simple moving average of $24.59. ProShares UltraShort S&P500 has a 52-week low of $21.48 and a 52-week high of $40.75.

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.