Headlands Technologies LLC Purchases New Shares in ProShares UltraPro Short Dow30 (NYSEARCA:SDOW)

Headlands Technologies LLC acquired a new stake in shares of ProShares UltraPro Short Dow30 (NYSEARCA:SDOW) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 15,062 shares of the exchange traded fund’s stock, valued at approximately $763,000.

Several other institutional investors have also added to or reduced their stakes in the stock. JPMorgan Chase & Co. boosted its stake in shares of ProShares UltraPro Short Dow30 by 19.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 3,280 shares of the exchange traded fund’s stock valued at $43,000 after purchasing an additional 543 shares in the last quarter. Werba Rubin Papier Wealth Management bought a new position in ProShares UltraPro Short Dow30 in the fourth quarter worth about $344,000. XTX Topco Ltd purchased a new stake in ProShares UltraPro Short Dow30 in the third quarter worth about $137,000. Walleye Capital LLC bought a new stake in ProShares UltraPro Short Dow30 during the 3rd quarter valued at approximately $727,000. Finally, Flow Traders U.S. LLC grew its holdings in shares of ProShares UltraPro Short Dow30 by 21.0% during the 3rd quarter. Flow Traders U.S. LLC now owns 52,397 shares of the exchange traded fund’s stock worth $685,000 after acquiring an additional 9,090 shares during the period.

ProShares UltraPro Short Dow30 Stock Performance

SDOW opened at $51.44 on Thursday. ProShares UltraPro Short Dow30 has a 52 week low of $42.97 and a 52 week high of $74.88. The business has a 50 day moving average of $48.44 and a 200-day moving average of $49.30.

ProShares UltraPro Short Dow30 Cuts Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, April 1st. Shareholders of record on Wednesday, March 26th were given a dividend of $0.6141 per share. The ex-dividend date of this dividend was Wednesday, March 26th.

About ProShares UltraPro Short Dow30

ProShares UltraPro Short Dow30 (the Fund) seeks daily investment results that correspond to three times (300%) the inverse (opposite) of the daily performance of the Dow Jones Industrial Average (the Index). The Index is a price-weighted index maintained by editors of The Wall Street Journal. The Index includes 30 large-cap, United States stocks, excluding utility and transportation companies.