share_log

Brookstone Capital Management Invests $440,000 in ProShares UltraPro Short MidCap400 (NYSEARCA:SMDD)

Defense World ·  Sep 24, 2022 16:41

Brookstone Capital Management acquired a new position in ProShares UltraPro Short MidCap400 (NYSEARCA:SMDD – Get Rating) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 14,508 shares of the company's stock, valued at approximately $440,000. Brookstone Capital Management owned approximately 4.15% of ProShares UltraPro Short MidCap400 at the end of the most recent reporting period.

ProShares UltraPro Short MidCap400 Trading Up 6.5 %

Shares of SMDD stock opened at $31.77 on Friday. ProShares UltraPro Short MidCap400 has a 52-week low of $20.00 and a 52-week high of $36.48. The stock has a fifty day simple moving average of $24.73 and a two-hundred day simple moving average of $26.30.

Get ProShares UltraPro Short MidCap400 alerts:

ProShares UltraPro Short MidCap400 Company Profile

(Get Rating)

ProShares UltraPro Short MidCap400 ETF is an exchange traded fund, which seeks daily investment results, which correspond to triple (300%) the inverse (opposite) of the daily performance of the S&P MidCap 400 Index. The ETF seeks a return of -300% of the return of an index (target) for a single day. The S&P MidCap 400 Index is a used measure of mid-size company United States stock market performance.

Further Reading

  • Get a free copy of the StockNews.com research report on ProShares UltraPro Short MidCap400 (SMDD)
  • MarketBeat: Week in Review 9/19 – 9/23
  • Why Does Tesla Stock Remain Resilient?
  • 2 Semiconductor Stocks To Watch For Reversals
  • Are Layoffs At A Small-Cap Tech A Bellwether For Housing Stocks?
  • Will Crowdstrike Get A Boost From Increased EPS Guidance?

Want to see what other hedge funds are holding SMDD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ProShares UltraPro Short MidCap400 (NYSEARCA:SMDD – Get Rating).

Receive News & Ratings for ProShares UltraPro Short MidCap400 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares UltraPro Short MidCap400 and related companies with MarketBeat.com's FREE daily email newsletter.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
    Write a comment