J2 Capital Management Inc Invests $958,000 in ProShares Short Dow30 $DOG

J2 Capital Management Inc purchased a new stake in ProShares Short Dow30 (NYSEARCA:DOG) in the first quarter, Holdings Channel reports. The firm purchased 39,226 shares of the company’s stock, valued at approximately $958,000. ProShares Short Dow30 accounts for approximately 0.7% of J2 Capital Management Inc’s portfolio, making the stock its 24th biggest position.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Oppenheimer & Co. Inc. lifted its position in ProShares Short Dow30 by 331.6% during the fourth quarter. Oppenheimer & Co. Inc. now owns 197,935 shares of the company’s stock worth $4,649,000 after buying an additional 152,072 shares in the last quarter. Sugar Maple Asset Management LLC purchased a new position in shares of ProShares Short Dow30 during the 4th quarter worth $2,114,000. UBS Group AG boosted its position in shares of ProShares Short Dow30 by 53.2% during the 4th quarter. UBS Group AG now owns 125,497 shares of the company’s stock valued at $2,948,000 after acquiring an additional 43,588 shares during the last quarter. HRT Financial LP purchased a new stake in shares of ProShares Short Dow30 in the fourth quarter valued at about $826,000. Finally, Squarepoint Ops LLC increased its position in ProShares Short Dow30 by 122.7% during the second quarter. Squarepoint Ops LLC now owns 58,603 shares of the company’s stock worth $1,493,000 after purchasing an additional 32,283 shares during the last quarter.

ProShares Short Dow30 Stock Down 0.1%

Shares of DOG stock opened at $21.78 on Friday. The firm’s 50-day moving average is $22.60 and its two-hundred day moving average is $23.17. ProShares Short Dow30 has a 12 month low of $21.47 and a 12 month high of $26.06.

ProShares Short Dow30 Profile

ProShares Short Dow30 (the Fund), formerly Short Dow30 ProShares, seeks daily investment results that correspond to the inverse daily performance of the Dow Jones Industrial Average (DJIA). The DJIA is a price-weighted index maintained by editors of The Wall Street Journal. The DJIA includes 30 large-cap, blue-chip United States stocks, excluding utility and transportation companies. Components are selected through a discretionary process with no pre-determined criteria except that components should be established United States companies.