IMC Chicago LLC Invests $919,000 in ProShares Short Dow30 $DOG

IMC Chicago LLC bought a new stake in ProShares Short Dow30 (NYSEARCA:DOG) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 37,755 shares of the company’s stock, valued at approximately $919,000.

Other hedge funds have also added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted its stake in ProShares Short Dow30 by 11,700.0% in the 2nd quarter. JPMorgan Chase & Co. now owns 1,180 shares of the company’s stock valued at $30,000 after purchasing an additional 1,170 shares during the period. Headlands Technologies LLC bought a new position in ProShares Short Dow30 during the 2nd quarter worth $33,000. Jane Street Group LLC acquired a new stake in shares of ProShares Short Dow30 during the second quarter worth $670,000. Squarepoint Ops LLC boosted its position in shares of ProShares Short Dow30 by 122.7% in the second quarter. Squarepoint Ops LLC now owns 58,603 shares of the company’s stock valued at $1,493,000 after acquiring an additional 32,283 shares during the period. Finally, Hedges Asset Management LLC bought a new stake in shares of ProShares Short Dow30 in the third quarter valued at about $840,000.

ProShares Short Dow30 Stock Down 2.4%

NYSEARCA:DOG opened at $22.61 on Monday. ProShares Short Dow30 has a 52 week low of $22.59 and a 52 week high of $30.81. The firm’s 50-day simple moving average is $23.28 and its 200 day simple moving average is $24.15.

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. Components are selected through a discretionary process with no pre-determined criteria except that components should be established United States companies.