Simplicity Wealth LLC Purchases 25,500 Shares of ProShares UltraShort S&P500 (NYSEARCA:SDS)

Simplicity Wealth LLC raised its position in ProShares UltraShort S&P500 (NYSEARCA:SDS) by 231.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 36,500 shares of the real estate investment trust’s stock after buying an additional 25,500 shares during the quarter. Simplicity Wealth LLC owned about 0.18% of ProShares UltraShort S&P500 worth $718,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of SDS. IMC Chicago LLC increased its holdings in ProShares UltraShort S&P500 by 268.9% in the 4th quarter. IMC Chicago LLC now owns 362,765 shares of the real estate investment trust’s stock valued at $7,136,000 after buying an additional 264,432 shares during the period. Bedell Frazier Investment Counselling LLC grew its holdings in shares of ProShares UltraShort S&P500 by 142.1% during the 3rd quarter. Bedell Frazier Investment Counselling LLC now owns 414,453 shares of the real estate investment trust’s stock valued at $8,550,000 after purchasing an additional 243,247 shares during the last quarter. Legacy Capital Wealth Partners LLC grew its holdings in shares of ProShares UltraShort S&P500 by 146.5% during the 3rd quarter. Legacy Capital Wealth Partners LLC now owns 335,151 shares of the real estate investment trust’s stock valued at $6,914,000 after purchasing an additional 199,208 shares during the last quarter. Diversify Advisory Services LLC bought a new stake in shares of ProShares UltraShort S&P500 during the 4th quarter valued at approximately $2,662,000. Finally, Beaumont Financial Advisors LLC bought a new stake in shares of ProShares UltraShort S&P500 during the 4th quarter valued at approximately $1,823,000.

ProShares UltraShort S&P500 Stock Down 0.9 %

Shares of ProShares UltraShort S&P500 stock opened at $20.61 on Monday. The firm’s 50 day moving average is $19.14 and its 200 day moving average is $19.97. ProShares UltraShort S&P500 has a 1 year low of $18.14 and a 1 year high of $28.05.

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.