JPMorgan Chase & Co. Purchases 543 Shares of ProShares UltraPro Short Dow30 (NYSEARCA:SDOW)

JPMorgan Chase & Co. increased its position in ProShares UltraPro Short Dow30 (NYSEARCA:SDOW) by 19.8% during the third quarter, Holdings Channel.com reports. The firm owned 3,280 shares of the exchange traded fund’s stock after buying an additional 543 shares during the quarter. JPMorgan Chase & Co.’s holdings in ProShares UltraPro Short Dow30 were worth $43,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in SDOW. XTX Topco Ltd purchased a new position in ProShares UltraPro Short Dow30 during the third quarter worth about $137,000. Flow Traders U.S. LLC lifted its position 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 buying an additional 9,090 shares in the last quarter. Finally, Walleye Capital LLC purchased a new position in shares of ProShares UltraPro Short Dow30 in the 3rd quarter worth approximately $727,000.

ProShares UltraPro Short Dow30 Stock Down 0.8 %

SDOW stock opened at $44.41 on Wednesday. The business has a 50 day moving average of $47.45 and a 200-day moving average of $52.41. ProShares UltraPro Short Dow30 has a 12-month low of $42.97 and a 12-month high of $74.88.

ProShares UltraPro Short Dow30 Profile

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.