Private Harbour Investment Management & Counsel LLC Decreases Stock Position in ProShares UltraShort S&P500 (NYSEARCA:SDS)

Private Harbour Investment Management & Counsel LLC lessened its holdings in ProShares UltraShort S&P500 (NYSEARCA:SDS) by 5.3% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 41,294 shares of the real estate investment trust’s stock after selling 2,296 shares during the quarter. Private Harbour Investment Management & Counsel LLC owned 0.22% of ProShares UltraShort S&P500 worth $886,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the business. Integrated Advisors Network LLC raised its holdings in shares of ProShares UltraShort S&P500 by 533.7% in the first quarter. Integrated Advisors Network LLC now owns 1,608,792 shares of the real estate investment trust’s stock worth $34,525,000 after buying an additional 1,354,928 shares during the last quarter. Andrew Hill Investment Advisors Inc. purchased a new stake in ProShares UltraShort S&P500 in the first quarter valued at approximately $3,698,000. Two Sigma Securities LLC lifted its stake in ProShares UltraShort S&P500 by 351.7% during the 4th quarter. Two Sigma Securities LLC now owns 211,744 shares of the real estate investment trust’s stock valued at $4,165,000 after acquiring an additional 164,868 shares during the period. Juncture Wealth Strategies LLC purchased a new stake in shares of ProShares UltraShort S&P500 in the 1st quarter valued at $3,177,000. Finally, Blueprint Investment Partners LLC purchased a new stake in shares of ProShares UltraShort S&P500 in the 4th quarter valued at $718,000.

ProShares UltraShort S&P500 Price Performance

Shares of ProShares UltraShort S&P500 stock opened at $18.16 on Monday. The firm has a fifty day moving average price of $19.55 and a 200 day moving average price of $19.87. ProShares UltraShort S&P500 has a 1 year low of $17.56 and a 1 year high of $28.31.

ProShares UltraShort S&P500 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.