AXS Investments LLC Cuts Stock Position in ProShares Short S&P 500 $SH

AXS Investments LLC cut its stake in shares of ProShares Short S&P 500 (NYSEARCA:SH) by 32.7% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 37,000 shares of the real estate investment trust’s stock after selling 18,000 shares during the quarter. AXS Investments LLC owned 0.11% of ProShares Short S&P 500 worth $1,403,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of SH. JPMorgan Chase & Co. raised its holdings in ProShares Short S&P 500 by 255.5% during the second quarter. JPMorgan Chase & Co. now owns 7,394 shares of the real estate investment trust’s stock worth $293,000 after purchasing an additional 5,314 shares in the last quarter. NewEdge Advisors LLC increased its position in ProShares Short S&P 500 by 503.7% during the 2nd quarter. NewEdge Advisors LLC now owns 6,562 shares of the real estate investment trust’s stock worth $260,000 after purchasing an additional 5,475 shares during the period. Quantinno Capital Management LP acquired a new position in ProShares Short S&P 500 during the 2nd quarter worth approximately $595,000. Raymond James Financial Inc. purchased a new position in shares of ProShares Short S&P 500 during the 2nd quarter worth approximately $77,000. Finally, WFA of San Diego LLC purchased a new position in shares of ProShares Short S&P 500 during the 2nd quarter worth approximately $36,000.

ProShares Short S&P 500 Price Performance

SH opened at $32.92 on Friday. ProShares Short S&P 500 has a 12 month low of $32.70 and a 12 month high of $39.85. The business has a 50 day simple moving average of $33.28 and a 200-day simple moving average of $35.11.

ProShares Short S&P 500 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.