Citizens Financial Group Inc. RI Reduces Stock Holdings in ProShares Short S&P 500 $SH

Citizens Financial Group Inc. RI reduced its position in shares of ProShares Short S&P 500 (NYSEARCA:SH) by 66.8% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 7,803 shares of the real estate investment trust’s stock after selling 15,670 shares during the period. Citizens Financial Group Inc. RI’s holdings in ProShares Short S&P 500 were worth $296,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the company. Integrated Advisors Network LLC boosted its holdings in ProShares Short S&P 500 by 46.8% in the 1st quarter. Integrated Advisors Network LLC now owns 28,392 shares of the real estate investment trust’s stock valued at $1,077,000 after purchasing an additional 9,050 shares during the last quarter. Ascentis Independent Advisors acquired a new stake in shares of ProShares Short S&P 500 during the 1st quarter worth approximately $67,000. Canal Capital Management LLC acquired a new stake in shares of ProShares Short S&P 500 during the 1st quarter worth approximately $2,634,000. Sugar Maple Asset Management LLC acquired a new stake in shares of ProShares Short S&P 500 during the 1st quarter worth approximately $809,000. Finally, Discipline Wealth Solutions LLC raised its position in shares of ProShares Short S&P 500 by 4.6% during the 1st quarter. Discipline Wealth Solutions LLC now owns 15,883 shares of the real estate investment trust’s stock valued at $602,000 after buying an additional 699 shares during the period.

ProShares Short S&P 500 Trading Up 0.5%

SH opened at $32.92 on Friday. ProShares Short S&P 500 has a one year low of $32.70 and a one year high of $39.85. The business’s 50 day moving average price is $33.28 and its 200 day moving average price is $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.