First Heartland Consultants Inc. Has $168,000 Stake in ProShares UltraShort S&P500 (NYSEARCA:SDS)
First Heartland Consultants Inc. continued to hold its position in ProShares UltraShort S&P500 (NYSEARCA:SDS) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,241 shares of the real estate investment trust’s stock at the end of the second quarter. First Heartland Consultants Inc.’s holdings in ProShares UltraShort S&P500 were worth $168,000 at the end of the most recent reporting period.
Separately, Aviance Capital Partners LLC purchased a new stake in shares of ProShares UltraShort S&P500 during the second quarter valued at about $190,000.
ProShares UltraShort S&P500 (NYSEARCA:SDS) traded down 0.32% during trading on Friday, hitting $49.82. 5,570,559 shares of the stock were exchanged. ProShares UltraShort S&P500 has a 12-month low of $47.93 and a 12-month high of $70.64. The stock has a 50 day moving average price of $49.45 and a 200-day moving average price of $52.48.
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.
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