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Envestnet Asset Management Inc. Invests $411,000 in ProShares UltraShort Consumer Services (NYSEARCA:SCC)

Defense World ·  Aug 31, 2022 16:51

Envestnet Asset Management Inc. bought a new position in ProShares UltraShort Consumer Services (NYSEARCA:SCC – Get Rating) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 41,023 shares of the exchange traded fund's stock, valued at approximately $411,000. Envestnet Asset Management Inc. owned 0.15% of ProShares UltraShort Consumer Services at the end of the most recent reporting period.

ProShares UltraShort Consumer Services Stock Performance

Shares of NYSEARCA SCC opened at $25.20 on Wednesday. The stock's 50 day moving average price is $26.36 and its two-hundred day moving average price is $25.09. ProShares UltraShort Consumer Services has a 52-week low of $16.48 and a 52-week high of $34.31.

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ProShares UltraShort Consumer Services Profile

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ProShares UltraShort Consumer Services (the Fund) seeks daily investment results that correspond to twice the inverse daily performance of the Dow Jones U.S. Consumer Services Index (the Index). The Index measures the performance of consumer spending in the services industry of the United States equity market.

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Want to see what other hedge funds are holding SCC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ProShares UltraShort Consumer Services (NYSEARCA:SCC – Get Rating).

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