Emancipation Management LLC Trims Stake in ProShares UltraShort S&P500 (SDS)

Emancipation Management LLC cut its position in ProShares UltraShort S&P500 (NYSEARCA:SDS) by 10.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,380 shares of the real estate investment trust’s stock after selling 1,685 shares during the period. Emancipation Management LLC’s holdings in ProShares UltraShort S&P500 were worth $182,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Neuberger Berman Group LLC grew its stake in shares of ProShares UltraShort S&P500 by 67.3% in the 2nd quarter. Neuberger Berman Group LLC now owns 87,010 shares of the real estate investment trust’s stock valued at $1,103,000 after buying an additional 35,010 shares during the period. Fiera Capital Corp acquired a new stake in shares of ProShares UltraShort S&P500 in the 2nd quarter valued at about $3,809,000. Benjamin F. Edwards & Company Inc. grew its stake in shares of ProShares UltraShort S&P500 by 48,242.0% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 72,513 shares of the real estate investment trust’s stock valued at $919,000 after buying an additional 72,363 shares during the period. Peak Asset Management LLC grew its stake in shares of ProShares UltraShort S&P500 by 58.2% in the 2nd quarter. Peak Asset Management LLC now owns 54,747 shares of the real estate investment trust’s stock valued at $694,000 after buying an additional 20,132 shares during the period. Finally, Tuttle Tactical Management LLC acquired a new stake in shares of ProShares UltraShort S&P500 in the 2nd quarter valued at about $543,000.

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ProShares UltraShort S&P500 (NYSEARCA SDS) traded down 0.470% during trading on Tuesday, reaching $47.605. The company’s stock had a trading volume of 1,686,747 shares. ProShares UltraShort S&P500 has a one year low of $47.53 and a one year high of $70.62. The company has a 50-day moving average of $49.04 and a 200 day moving average of $26.34.

About ProShares UltraShort S&P500

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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