Quadrature Capital Ltd Cuts Stake in ProShares UltraShort Dow30 $DXD

Quadrature Capital Ltd reduced its position in ProShares UltraShort Dow30 (NYSEARCA:DXD) by 43.4% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 24,442 shares of the exchange traded fund’s stock after selling 18,754 shares during the period. Quadrature Capital Ltd’s holdings in ProShares UltraShort Dow30 were worth $592,000 as of its most recent SEC filing.

Separately, Simplex Trading LLC increased its position in ProShares UltraShort Dow30 by 292.1% during the 2nd quarter. Simplex Trading LLC now owns 4,074 shares of the exchange traded fund’s stock valued at $98,000 after purchasing an additional 3,035 shares during the period.

ProShares UltraShort Dow30 Stock Performance

NYSEARCA:DXD opened at $21.30 on Tuesday. The firm has a 50-day simple moving average of $21.72 and a 200-day simple moving average of $23.47. ProShares UltraShort Dow30 has a one year low of $20.33 and a one year high of $35.79.

About ProShares UltraShort Dow30

ProShares UltraShort Dow30 (the Fund), formerly UltraShort Dow30 ProShares, seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of the Dow Jones Industrial Average (DJIA). The DJIA is a price-weighted index maintained by editors of The Wall Street Journal.