ProShares Short S&P500 (NYSEARCA:SH) Stock Position Lessened by Private Advisor Group LLC

Private Advisor Group LLC decreased its holdings in ProShares Short S&P500 (NYSEARCA:SH) by 34.4% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 26,901 shares of the real estate investment trust’s stock after selling 14,093 shares during the quarter. Private Advisor Group LLC’s holdings in ProShares Short S&P500 were worth $349,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently modified their holdings of SH. CPR Investments Inc. boosted its stake in ProShares Short S&P500 by 16.3% during the fourth quarter. CPR Investments Inc. now owns 1,225,139 shares of the real estate investment trust’s stock valued at $15,915,000 after buying an additional 171,352 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in ProShares Short S&P500 by 450.8% during the third quarter. Envestnet Asset Management Inc. now owns 812,969 shares of the real estate investment trust’s stock valued at $11,764,000 after buying an additional 665,370 shares in the last quarter. LPL Financial LLC boosted its stake in ProShares Short S&P500 by 10.8% during the third quarter. LPL Financial LLC now owns 693,098 shares of the real estate investment trust’s stock valued at $10,029,000 after buying an additional 67,390 shares in the last quarter. Citizens Financial Group Inc. RI bought a new position in ProShares Short S&P500 during the fourth quarter valued at about $7,535,000. Finally, Axxcess Wealth Management LLC boosted its stake in ProShares Short S&P500 by 1.0% during the fourth quarter. Axxcess Wealth Management LLC now owns 493,381 shares of the real estate investment trust’s stock valued at $6,409,000 after buying an additional 4,806 shares in the last quarter.

ProShares Short S&P500 Stock Up 0.3 %

Shares of SH stock opened at $11.85 on Thursday. The stock has a 50-day simple moving average of $12.10 and a 200 day simple moving average of $12.72. ProShares Short S&P500 has a fifty-two week low of $11.79 and a fifty-two week high of $15.20.

ProShares Short S&P500 Company Profile

ProShares Short S&P500 (the Fund) seeks daily investment results that correspond to the inverse (opposite) of the daily performance of the S&P 500 Index (the Index). The S&P 500 Index is a measure of large-cap United States stock market performance. It is a capitalization weighted index of 500 United States operating companies and selected real estate investment trusts.