Mirae Asset Global Investments Co. Ltd. Has $10.32 Million Holdings in ProShares UltraShort Bloomberg Crude Oil (NYSEARCA:SCO)

Mirae Asset Global Investments Co. Ltd. raised its holdings in ProShares UltraShort Bloomberg Crude Oil (NYSEARCA:SCOGet Rating) by 6,154.6% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 1,781,737 shares of the exchange traded fund’s stock after acquiring an additional 1,753,250 shares during the quarter. Mirae Asset Global Investments Co. Ltd. owned 0.13% of ProShares UltraShort Bloomberg Crude Oil worth $10,316,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the business. Geneos Wealth Management Inc. acquired a new position in ProShares UltraShort Bloomberg Crude Oil in the first quarter valued at approximately $46,000. Cumberland Partners Ltd acquired a new position in shares of ProShares UltraShort Bloomberg Crude Oil during the first quarter worth approximately $81,000. Longitude Cayman Ltd. acquired a new position in shares of ProShares UltraShort Bloomberg Crude Oil during the first quarter worth approximately $116,000. Simplex Trading LLC raised its position in shares of ProShares UltraShort Bloomberg Crude Oil by 256.3% during the first quarter. Simplex Trading LLC now owns 59,909 shares of the exchange traded fund’s stock worth $346,000 after purchasing an additional 43,095 shares during the period. Finally, First National Corp MA ADV raised its position in shares of ProShares UltraShort Bloomberg Crude Oil by 12.2% during the first quarter. First National Corp MA ADV now owns 516,974 shares of the exchange traded fund’s stock worth $2,993,000 after purchasing an additional 56,302 shares during the period.

ProShares UltraShort Bloomberg Crude Oil Stock Up 2.5 %

Shares of NYSEARCA:SCO opened at $27.16 on Wednesday. ProShares UltraShort Bloomberg Crude Oil has a twelve month low of $17.89 and a twelve month high of $89.30. The stock’s 50 day moving average is $24.71 and its 200-day moving average is $24.81.

Featured Articles

Want to see what other hedge funds are holding SCO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ProShares UltraShort Bloomberg Crude Oil (NYSEARCA:SCOGet Rating).

Institutional Ownership by Quarter for ProShares UltraShort Bloomberg Crude Oil (NYSEARCA:SCO)

Receive News & Ratings for ProShares UltraShort Bloomberg Crude Oil Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares UltraShort Bloomberg Crude Oil and related companies with MarketBeat.com's FREE daily email newsletter.