U S Wealth Group LLC. Has $200,000 Position in ProShares UltraShort S&P500 $SDS

U S Wealth Group LLC. lessened its position in shares of ProShares UltraShort S&P500 (NYSEARCA:SDS) by 78.9% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,518 shares of the real estate investment trust’s stock after selling 13,147 shares during the period. U S Wealth Group LLC.’s holdings in ProShares UltraShort S&P500 were worth $200,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in the company. Tidal Investments LLC bought a new position in ProShares UltraShort S&P500 in the second quarter valued at approximately $378,000. NewEdge Advisors LLC lifted its stake in ProShares UltraShort S&P500 by 10.8% during the second quarter. NewEdge Advisors LLC now owns 3,591 shares of the real estate investment trust’s stock worth $204,000 after purchasing an additional 350 shares during the last quarter. AXQ Capital LP bought a new stake in ProShares UltraShort S&P500 during the second quarter worth $544,000. Two Sigma Securities LLC boosted its holdings in shares of ProShares UltraShort S&P500 by 805.2% in the 2nd quarter. Two Sigma Securities LLC now owns 33,500 shares of the real estate investment trust’s stock valued at $1,905,000 after purchasing an additional 29,799 shares in the last quarter. Finally, Ramsey Quantitative Systems acquired a new stake in shares of ProShares UltraShort S&P500 in the 2nd quarter valued at $432,000.

ProShares UltraShort S&P500 Trading Up 1.2%

Shares of SDS opened at $55.93 on Friday. ProShares UltraShort S&P500 has a 52-week low of $52.54 and a 52-week high of $80.50. The business’s fifty day moving average is $55.48 and its 200-day moving average is $61.17.

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.