Blueprint Investment Partners LLC Makes New Investment in ProShares UltraShort S&P500 (NYSEARCA:SDS)

Blueprint Investment Partners LLC bought a new position in ProShares UltraShort S&P500 (NYSEARCA:SDS) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 36,500 shares of the real estate investment trust’s stock, valued at approximately $718,000. Blueprint Investment Partners LLC owned about 0.18% of ProShares UltraShort S&P500 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Capital Investment Advisory Services LLC purchased a new position in shares of ProShares UltraShort S&P500 in the 4th quarter valued at approximately $32,000. JPMorgan Chase & Co. boosted its position in ProShares UltraShort S&P500 by 11.3% in the third quarter. JPMorgan Chase & Co. now owns 8,085 shares of the real estate investment trust’s stock worth $167,000 after purchasing an additional 820 shares during the last quarter. Beacon Financial Group bought a new stake in shares of ProShares UltraShort S&P500 during the 4th quarter valued at $197,000. Beacon Harbor Wealth Advisors Inc. purchased a new stake in ProShares UltraShort S&P500 in the 4th quarter worth approximately $275,000. Finally, Norden Group LLC purchased a new stake in shares of ProShares UltraShort S&P500 in the fourth quarter worth $295,000.

ProShares UltraShort S&P500 Price Performance

Shares of SDS opened at $21.34 on Friday. ProShares UltraShort S&P500 has a 12-month low of $18.14 and a 12-month high of $28.05. The business’s 50 day moving average is $19.55 and its 200 day moving average is $19.95.

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.