ProShares UltraShort S&P500 (NYSEARCA:SDS) Shares Sold by Cadent Capital Advisors LLC

Cadent Capital Advisors LLC cut its holdings in ProShares UltraShort S&P500 (NYSEARCA:SDS) by 49.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 162,870 shares of the real estate investment trust’s stock after selling 159,002 shares during the quarter. ProShares UltraShort S&P500 makes up approximately 2.4% of Cadent Capital Advisors LLC’s portfolio, making the stock its 13th largest holding. Cadent Capital Advisors LLC owned 0.59% of ProShares UltraShort S&P500 worth $4,873,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the business. Dfpg Investments LLC acquired a new stake in shares of ProShares UltraShort S&P500 in the fourth quarter valued at approximately $369,000. Gunderson Capital Management Inc. acquired a new stake in shares of ProShares UltraShort S&P500 in the fourth quarter valued at approximately $4,301,000. Sunbelt Securities Inc. boosted its position in ProShares UltraShort S&P500 by 81.9% during the third quarter. Sunbelt Securities Inc. now owns 10,020 shares of the real estate investment trust’s stock worth $372,000 after acquiring an additional 4,512 shares during the last quarter. Integrated Advisors Network LLC boosted its position in ProShares UltraShort S&P500 by 6.6% during the third quarter. Integrated Advisors Network LLC now owns 28,061 shares of the real estate investment trust’s stock worth $1,041,000 after acquiring an additional 1,726 shares during the last quarter. Finally, VitalStone Financial LLC boosted its position in ProShares UltraShort S&P500 by 250.0% during the third quarter. VitalStone Financial LLC now owns 3,500 shares of the real estate investment trust’s stock worth $123,000 after acquiring an additional 2,500 shares during the last quarter.

ProShares UltraShort S&P500 Stock Performance

Shares of NYSEARCA SDS opened at $25.26 on Wednesday. ProShares UltraShort S&P500 has a 1 year low of $24.69 and a 1 year high of $43.18. The firm’s 50 day moving average price is $27.21 and its 200 day moving average price is $31.70.

About ProShares UltraShort S&P500

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.