Citizens Financial Group Inc. RI Takes $7.54 Million Position in ProShares Short S&P500 (NYSEARCA:SH)

Citizens Financial Group Inc. RI acquired a new stake in ProShares Short S&P500 (NYSEARCA:SH) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 580,078 shares of the real estate investment trust’s stock, valued at approximately $7,535,000.

Several other hedge funds and other institutional investors have also made changes to their positions in SH. Headlands Technologies LLC acquired a new stake in ProShares Short S&P500 in the third quarter valued at approximately $111,000. First Horizon Advisors Inc. acquired a new stake in ProShares Short S&P500 in the third quarter valued at approximately $143,000. Rathbones Group PLC acquired a new stake in ProShares Short S&P500 in the third quarter valued at approximately $159,000. Milestone Asset Management LLC acquired a new stake in ProShares Short S&P500 in the third quarter valued at approximately $165,000. Finally, Raymond James & Associates acquired a new stake in ProShares Short S&P500 in the third quarter valued at approximately $171,000.

ProShares Short S&P500 Stock Down 0.9 %

Shares of NYSEARCA:SH opened at $12.28 on Friday. The firm’s 50 day moving average price is $12.19 and its 200 day moving average price is $13.04. ProShares Short S&P500 has a fifty-two week low of $11.81 and a fifty-two week high of $15.29.

About ProShares Short S&P500

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.