B. Riley Wealth Advisors Inc. Purchases 4,385 Shares of ProShares UltraShort S&P500 (NYSEARCA:SDS)

B. Riley Wealth Advisors Inc. increased its stake in ProShares UltraShort S&P500 (NYSEARCA:SDS – Get Rating) by 8.6% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 55,632 shares of the real estate investment trust’s stock after purchasing an additional 4,385 shares during the period. B. Riley Wealth Advisors Inc. owned 0.27% of ProShares UltraShort S&P500 worth $3,036,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of the stock. Jane Street Group LLC boosted its stake in ProShares UltraShort S&P500 by 449.3% in the 3rd quarter. Jane Street Group LLC now owns 89,146 shares of the real estate investment trust’s stock worth $4,865,000 after purchasing an additional 72,917 shares in the last quarter. Front Row Advisors LLC acquired a new stake in ProShares UltraShort S&P500 in the 3rd quarter worth approximately $177,000. Flow Traders U.S. LLC acquired a new stake in ProShares UltraShort S&P500 in the 3rd quarter worth approximately $474,000. Belpointe Asset Management LLC boosted its stake in ProShares UltraShort S&P500 by 67.6% in the 3rd quarter. Belpointe Asset Management LLC now owns 23,598 shares of the real estate investment trust’s stock worth $1,288,000 after purchasing an additional 9,522 shares in the last quarter. Finally, Commonwealth Equity Services LLC acquired a new stake in ProShares UltraShort S&P500 in the 3rd quarter worth approximately $344,000.

ProShares UltraShort S&P500 Stock Performance

Shares of NYSEARCA SDS opened at $43.22 on Friday. ProShares UltraShort S&P500 has a 12 month low of $35.82 and a 12 month high of $57.07. The company has a 50 day simple moving average of $42.12 and a two-hundred day simple moving average of $45.03.

ProShares UltraShort S&P500 Profile

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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.