Private Harbour Investment Management & Counsel LLC Sells 2,102 Shares of ProShares UltraShort S&P500 (NYSEARCA:SDS)

Private Harbour Investment Management & Counsel LLC trimmed its position in ProShares UltraShort S&P500 (NYSEARCA:SDS) by 4.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 43,590 shares of the real estate investment trust’s stock after selling 2,102 shares during the period. Private Harbour Investment Management & Counsel LLC owned 0.21% of ProShares UltraShort S&P500 worth $857,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the company. Simplex Trading LLC boosted its position in shares of ProShares UltraShort S&P500 by 218.6% during the 4th quarter. Simplex Trading LLC now owns 27,341 shares of the real estate investment trust’s stock valued at $537,000 after acquiring an additional 18,760 shares during the last quarter. Blueprint Investment Partners LLC bought a new stake in ProShares UltraShort S&P500 during the fourth quarter valued at approximately $718,000. Simplicity Wealth LLC grew its stake in ProShares UltraShort S&P500 by 231.8% in the 4th quarter. Simplicity Wealth LLC now owns 36,500 shares of the real estate investment trust’s stock worth $718,000 after buying an additional 25,500 shares in the last quarter. Beacon Harbor Wealth Advisors Inc. bought a new position in shares of ProShares UltraShort S&P500 in the 4th quarter worth $275,000. Finally, Norden Group LLC purchased a new stake in shares of ProShares UltraShort S&P500 during the 4th quarter valued at $295,000.

ProShares UltraShort S&P500 Trading Down 0.4 %

Shares of NYSEARCA:SDS opened at $20.50 on Wednesday. ProShares UltraShort S&P500 has a 52-week low of $18.14 and a 52-week high of $28.05. The firm has a fifty day moving average of $19.57 and a 200 day moving average of $19.90.

ProShares UltraShort S&P500 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.