SG Americas Securities LLC Lowers Holdings in ProShares UltraShort S&P500 (NYSEARCA:SDS)

SG Americas Securities LLC lowered its position in shares of ProShares UltraShort S&P500 (NYSEARCA:SDS) by 53.2% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 29,797 shares of the real estate investment trust’s stock after selling 33,921 shares during the quarter. SG Americas Securities LLC’s holdings in ProShares UltraShort S&P500 were worth $586,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in SDS. Simplicity Wealth LLC acquired a new position in shares of ProShares UltraShort S&P500 during the 3rd quarter worth $227,000. Canal Capital Management LLC purchased a new stake in shares of ProShares UltraShort S&P500 in the third quarter valued at about $853,000. Integrated Advisors Network LLC grew its position in shares of ProShares UltraShort S&P500 by 5,141.2% in the third quarter. Integrated Advisors Network LLC now owns 1,099,751 shares of the real estate investment trust’s stock valued at $22,689,000 after purchasing an additional 1,078,768 shares during the last quarter. Fidelis Capital Partners LLC purchased a new position in shares of ProShares UltraShort S&P500 during the 3rd quarter worth approximately $242,000. Finally, Peregrine Asset Advisers Inc. raised its position in shares of ProShares UltraShort S&P500 by 50.0% during the 3rd quarter. Peregrine Asset Advisers Inc. now owns 15,000 shares of the real estate investment trust’s stock worth $309,000 after purchasing an additional 5,000 shares during the last quarter.

ProShares UltraShort S&P500 Stock Up 1.2 %

SDS stock opened at $18.77 on Friday. The stock’s 50 day moving average price is $19.12 and its 200 day moving average price is $20.73. ProShares UltraShort S&P500 has a 1 year low of $18.19 and a 1 year high of $29.24.

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.