Sugar Maple Asset Management LLC Makes New Investment in ProShares UltraShort Dow30 (NYSEARCA:DXD)

Sugar Maple Asset Management LLC purchased a new position in ProShares UltraShort Dow30 (NYSEARCA:DXDFree Report) in the 4th quarter, HoldingsChannel.com reports. The institutional investor purchased 24,000 shares of the exchange traded fund’s stock, valued at approximately $647,000.

ProShares UltraShort Dow30 Stock Performance

Shares of NYSEARCA:DXD opened at $25.93 on Tuesday. ProShares UltraShort Dow30 has a 52-week low of $24.34 and a 52-week high of $35.17. The business has a 50-day moving average price of $26.02 and a 200-day moving average price of $27.93.

ProShares UltraShort Dow30 Company Profile

(Free Report)

ProShares UltraShort Dow30 (the Fund), formerly UltraShort Dow30 ProShares, seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of the Dow Jones Industrial Average (DJIA). The DJIA is a price-weighted index maintained by editors of The Wall Street Journal.

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Want to see what other hedge funds are holding DXD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ProShares UltraShort Dow30 (NYSEARCA:DXDFree Report).

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