61,000 Shares in ProShares Short Dow30 (NYSEARCA:DOG) Acquired by Sugar Maple Asset Management LLC

Sugar Maple Asset Management LLC purchased a new stake in ProShares Short Dow30 (NYSEARCA:DOG) in the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 61,000 shares of the company’s stock, valued at approximately $1,619,000. ProShares Short Dow30 accounts for approximately 1.2% of Sugar Maple Asset Management LLC’s holdings, making the stock its 17th biggest holding.

Other hedge funds also recently added to or reduced their stakes in the company. IHT Wealth Management LLC purchased a new position in shares of ProShares Short Dow30 during the third quarter worth about $222,000. Maltin Wealth Management Inc. acquired a new stake in shares of ProShares Short Dow30 in the 4th quarter valued at about $252,000. Jane Street Group LLC purchased a new position in ProShares Short Dow30 during the 3rd quarter worth approximately $275,000. Squarepoint Ops LLC acquired a new position in ProShares Short Dow30 during the second quarter worth approximately $344,000. Finally, Benjamin F. Edwards & Company Inc. purchased a new stake in ProShares Short Dow30 in the second quarter valued at approximately $365,000.

ProShares Short Dow30 Price Performance

DOG stock opened at $26.05 on Tuesday. The business has a 50 day simple moving average of $26.15 and a 200-day simple moving average of $27.07. ProShares Short Dow30 has a twelve month low of $25.35 and a twelve month high of $30.29.

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.