ProShares Short Dow30 (NYSEARCA:DOG) Shares Pass Below Two Hundred Day Moving Average – Here’s Why

Shares of ProShares Short Dow30 (NYSEARCA:DOG) passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $27.87 and traded as low as $25.44. ProShares Short Dow30 shares last traded at $25.47, with a volume of 1,342,780 shares.

ProShares Short Dow30 Trading Down 0.3 %

The stock has a 50 day moving average price of $26.60 and a two-hundred day moving average price of $27.87.

Institutional Investors Weigh In On ProShares Short Dow30

Large investors have recently bought and sold shares of the company. Kingswood Wealth Advisors LLC increased its holdings in ProShares Short Dow30 by 4.1% in the 2nd quarter. Kingswood Wealth Advisors LLC now owns 9,515 shares of the company’s stock worth $275,000 after buying an additional 375 shares during the period. Benjamin F. Edwards & Company Inc. acquired a new position in ProShares Short Dow30 in the 2nd quarter worth approximately $365,000. Squarepoint Ops LLC acquired a new position in ProShares Short Dow30 in the 2nd quarter worth approximately $344,000. Atomi Financial Group Inc. increased its holdings in ProShares Short Dow30 by 3.2% in the 3rd quarter. Atomi Financial Group Inc. now owns 16,652 shares of the company’s stock worth $446,000 after buying an additional 509 shares during the period. Finally, Cornerstone Wealth Management LLC acquired a new position in ProShares Short Dow30 in the 3rd quarter worth approximately $690,000.

About ProShares Short Dow30

ProShares Short Dow30 (the Fund), formerly Short Dow30 ProShares, seeks daily investment results that correspond to the inverse daily performance of the Dow Jones Industrial Average (DJIA). The DJIA is a price-weighted index maintained by editors of The Wall Street Journal. The DJIA includes 30 large-cap, blue-chip United States stocks, excluding utility and transportation companies.