Clear Creek Financial Management LLC Reduces Holdings in ProShares Short S&P 500 $SH

Clear Creek Financial Management LLC cut its stake in ProShares Short S&P 500 (NYSEARCA:SH) by 66.1% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 19,096 shares of the real estate investment trust’s stock after selling 37,298 shares during the period. Clear Creek Financial Management LLC’s holdings in ProShares Short S&P 500 were worth $706,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Aviance Capital Partners LLC acquired a new stake in shares of ProShares Short S&P 500 in the 2nd quarter valued at about $486,000. Client First Investment Management LLC purchased a new stake in ProShares Short S&P 500 in the third quarter valued at approximately $1,827,000. Ballew Advisors Inc purchased a new stake in ProShares Short S&P 500 in the third quarter valued at approximately $1,121,000. Bank of Montreal Can boosted its holdings in shares of ProShares Short S&P 500 by 1,232.6% in the second quarter. Bank of Montreal Can now owns 8,049 shares of the real estate investment trust’s stock valued at $319,000 after acquiring an additional 7,445 shares during the period. Finally, Allworth Financial LP grew its position in shares of ProShares Short S&P 500 by 384.4% during the second quarter. Allworth Financial LP now owns 1,773 shares of the real estate investment trust’s stock worth $70,000 after acquiring an additional 1,407 shares during the last quarter.

ProShares Short S&P 500 Stock Down 0.7%

Shares of ProShares Short S&P 500 stock opened at $35.90 on Friday. The firm’s fifty day simple moving average is $35.90 and its 200-day simple moving average is $36.84. ProShares Short S&P 500 has a 12 month low of $35.34 and a 12 month high of $51.37.

ProShares Short S&P 500 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. 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.