TRUE Private Wealth Advisors reduced its stake in shares of ProShares Short S&P500 (NYSEARCA:SH – Free Report) by 75.4% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 13,491 shares of the real estate investment trust’s stock after selling 41,436 shares during the period. TRUE Private Wealth Advisors’ holdings in ProShares Short S&P500 were worth $175,000 at the end of the most recent quarter.
Several other large investors have also bought and sold shares of the stock. Baird Financial Group Inc. bought a new position in shares of ProShares Short S&P500 in the 1st quarter worth about $36,989,000. UBS Group AG raised its position in shares of ProShares Short S&P500 by 236.5% in the 1st quarter. UBS Group AG now owns 2,283,176 shares of the real estate investment trust’s stock worth $32,170,000 after acquiring an additional 1,604,732 shares in the last quarter. Arete Wealth Advisors LLC bought a new position in shares of ProShares Short S&P500 in the 3rd quarter worth about $9,961,000. Envestnet Asset Management Inc. raised its position in shares of ProShares Short S&P500 by 450.8% in the 3rd quarter. Envestnet Asset Management Inc. now owns 812,969 shares of the real estate investment trust’s stock worth $11,764,000 after acquiring an additional 665,370 shares in the last quarter. Finally, Robinson Value Management Ltd. acquired a new stake in shares of ProShares Short S&P500 in the 3rd quarter valued at about $8,492,000.
ProShares Short S&P500 Stock Performance
Shares of SH opened at $12.47 on Friday. The stock has a 50-day moving average of $12.20 and a 200-day moving average of $13.14. ProShares Short S&P500 has a one year low of $11.81 and a one year high of $15.29.
ProShares Short S&P500 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.
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