Client First Investment Management LLC Acquires Shares of 49,427 ProShares Short S&P 500 $SH

Client First Investment Management LLC bought a new position in ProShares Short S&P 500 (NYSEARCA:SH) in the third quarter, HoldingsChannel.com reports. The fund bought 49,427 shares of the real estate investment trust’s stock, valued at approximately $1,827,000. ProShares Short S&P 500 comprises about 0.9% of Client First Investment Management LLC’s portfolio, making the stock its 18th largest position.

Several other hedge funds have also modified their holdings of SH. SBI Securities Co. Ltd. increased its holdings in shares of ProShares Short S&P 500 by 49.5% in the second quarter. SBI Securities Co. Ltd. now owns 961 shares of the real estate investment trust’s stock valued at $38,000 after purchasing an additional 318 shares in the last quarter. Graves Light Lenhart Wealth Inc. boosted its position in ProShares Short S&P 500 by 2.2% in the 3rd quarter. Graves Light Lenhart Wealth Inc. now owns 17,658 shares of the real estate investment trust’s stock valued at $653,000 after buying an additional 376 shares during the last quarter. Per Stirling Capital Management LLC. boosted its position in ProShares Short S&P 500 by 2.5% in the 1st quarter. Per Stirling Capital Management LLC. now owns 15,406 shares of the real estate investment trust’s stock valued at $687,000 after buying an additional 382 shares during the last quarter. Sepio Capital LP increased its stake in shares of ProShares Short S&P 500 by 7.1% in the 1st quarter. Sepio Capital LP now owns 7,500 shares of the real estate investment trust’s stock valued at $334,000 after buying an additional 500 shares during the period. Finally, Comerica Bank raised its position in shares of ProShares Short S&P 500 by 6.7% during the first quarter. Comerica Bank now owns 8,709 shares of the real estate investment trust’s stock worth $388,000 after acquiring an additional 546 shares during the last quarter.

ProShares Short S&P 500 Stock Down 0.4%

Shares of SH opened at $36.14 on Wednesday. The stock’s fifty day simple moving average is $36.66 and its 200-day simple moving average is $38.05. ProShares Short S&P 500 has a 12-month low of $35.85 and a 12-month high of $51.37.

About ProShares Short S&P 500

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. The Fund intends to invest at least 80% of its net assets, including any borrowings for investment purposes, to investments that, in combination, have economic characteristics that are inverse to those of the Index.