Sugar Maple Asset Management LLC Purchases New Shares in ProShares UltraShort Dow30 (NYSEARCA:DXD)

Sugar Maple Asset Management LLC bought a new position in ProShares UltraShort Dow30 (NYSEARCA:DXD) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 24,000 shares of the exchange traded fund’s stock, valued at approximately $647,000. Sugar Maple Asset Management LLC owned 1.00% of ProShares UltraShort Dow30 as of its most recent SEC filing.

ProShares UltraShort Dow30 Price Performance

DXD opened at $25.93 on Tuesday. ProShares UltraShort Dow30 has a 12-month low of $24.34 and a 12-month high of $35.17. The business’s fifty day simple moving average is $26.02 and its 200-day simple moving average is $27.93.

About ProShares UltraShort Dow30

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.