Terril Brothers Inc. increased its position in ProShares UltraShort S&P500 (NYSEARCA:SDS) by 2,953.8% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 256,882 shares of the real estate investment trust’s stock after purchasing an additional 248,470 shares during the period. ProShares UltraShort S&P500 accounts for about 2.5% of Terril Brothers Inc.’s investment portfolio, making the stock its 15th biggest holding. Terril Brothers Inc.’s holdings in ProShares UltraShort S&P500 were worth $7,891,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the stock. Bank of Montreal Can lifted its holdings in ProShares UltraShort S&P500 by 200.0% in the first quarter. Bank of Montreal Can now owns 900 shares of the real estate investment trust’s stock worth $30,000 after acquiring an additional 600 shares during the last quarter. TRUE Private Wealth Advisors bought a new position in ProShares UltraShort S&P500 in the second quarter worth about $46,000. Edmond DE Rothschild Holding S.A. bought a new position in ProShares UltraShort S&P500 in the first quarter worth about $72,000. TD Asset Management Inc. bought a new position in ProShares UltraShort S&P500 in the first quarter worth about $251,000. Finally, FinTrust Capital Advisors LLC lifted its holdings in ProShares UltraShort S&P500 by 122.2% in the first quarter. FinTrust Capital Advisors LLC now owns 10,000 shares of the real estate investment trust’s stock worth $333,000 after acquiring an additional 5,500 shares during the last quarter.

NYSEARCA SDS traded down $0.52 during trading hours on Wednesday, reaching $30.80. The company’s stock had a trading volume of 97,499 shares, compared to its average volume of 5,689,282. The business has a 50-day simple moving average of $30.29 and a 200 day simple moving average of $32.44. ProShares UltraShort S&P500 has a 52 week low of $29.00 and a 52 week high of $49.47.

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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Institutional Ownership by Quarter for ProShares UltraShort S&P500 (NYSEARCA:SDS)

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