ProShares Short S&P500 (NYSEARCA:SH) Shares Up 1.5%

ProShares Short S&P500 (NYSEARCA:SHGet Free Report)’s stock price traded up 1.5% during mid-day trading on Friday . The company traded as high as $12.20 and last traded at $12.19. 17,706,357 shares were traded during mid-day trading, a decline of 13% from the average session volume of 20,279,117 shares. The stock had previously closed at $12.01.

ProShares Short S&P500 Price Performance

The stock has a 50-day simple moving average of $12.21 and a 200-day simple moving average of $13.19.

Institutional Trading of ProShares Short S&P500

A number of large investors have recently bought and sold shares of the company. JPMorgan Chase & Co. grew its position in shares of ProShares Short S&P500 by 35.4% in the first quarter. JPMorgan Chase & Co. now owns 15,323 shares of the real estate investment trust’s stock valued at $216,000 after purchasing an additional 4,002 shares in the last quarter. Raymond James & Associates purchased a new position in shares of ProShares Short S&P500 in the first quarter valued at $581,000. Cambridge Investment Research Advisors Inc. purchased a new position in shares of ProShares Short S&P500 in the first quarter valued at $356,000. Private Advisor Group LLC grew its position in shares of ProShares Short S&P500 by 13.7% in the first quarter. Private Advisor Group LLC now owns 28,134 shares of the real estate investment trust’s stock valued at $397,000 after purchasing an additional 3,394 shares in the last quarter. Finally, Bank of Montreal Can grew its position in shares of ProShares Short S&P500 by 448.3% in the first quarter. Bank of Montreal Can now owns 41,232 shares of the real estate investment trust’s stock valued at $598,000 after purchasing an additional 33,712 shares in the last quarter.

ProShares Short S&P500 Company Profile

(Get Free Report)

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.

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