Gainplan LLC Has $2.49 Million Stock Holdings in ProShares UltraPro Short S&P 500 $SPXU

Gainplan LLC decreased its holdings in shares of ProShares UltraPro Short S&P 500 (NYSEARCA:SPXU) by 83.3% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 50,000 shares of the exchange traded fund’s stock after selling 250,000 shares during the period. ProShares UltraPro Short S&P 500 makes up 0.9% of Gainplan LLC’s holdings, making the stock its 10th largest position. Gainplan LLC’s holdings in ProShares UltraPro Short S&P 500 were worth $2,486,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. TD Waterhouse Canada Inc. bought a new stake in shares of ProShares UltraPro Short S&P 500 during the 3rd quarter valued at $27,000. Optiver Holding B.V. bought a new stake in shares of ProShares UltraPro Short S&P 500 during the 3rd quarter valued at $38,000. SBI Securities Co. Ltd. raised its position in shares of ProShares UltraPro Short S&P 500 by 620.0% during the 3rd quarter. SBI Securities Co. Ltd. now owns 4,795 shares of the exchange traded fund’s stock valued at $65,000 after acquiring an additional 4,129 shares during the last quarter. EverSource Wealth Advisors LLC raised its position in shares of ProShares UltraPro Short S&P 500 by 18.7% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 6,200 shares of the exchange traded fund’s stock valued at $104,000 after acquiring an additional 975 shares during the last quarter. Finally, Fortitude Advisory Group L.L.C. bought a new stake in shares of ProShares UltraPro Short S&P 500 during the 3rd quarter valued at $157,000.

ProShares UltraPro Short S&P 500 Trading Up 0.3%

Shares of ProShares UltraPro Short S&P 500 stock opened at $49.73 on Friday. The firm has a fifty day moving average of $52.02 and a two-hundred day moving average of $51.50. ProShares UltraPro Short S&P 500 has a 52 week low of $46.65 and a 52 week high of $122.00.

ProShares UltraPro Short S&P 500 Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Wednesday, March 25th were paid a $0.4452 dividend. The ex-dividend date of this dividend was Wednesday, March 25th. This represents a $1.78 dividend on an annualized basis and a dividend yield of 3.6%.

ProShares UltraPro Short S&P 500 Company Profile

The Fund seeks daily investment results that correspond to triple the inverse of the daily performance of the Index. The Fund invests in derivatives that it believes should have similar daily return characteristics as triple the inverse of the daily performance of the Index.