132,000 Shares in ProShares Short S&P 500 $SH Bought by Whittier Trust Co.

Whittier Trust Co. bought a new position in ProShares Short S&P 500 (NYSEARCA:SH) in the third quarter, HoldingsChannel.com reports. The firm bought 132,000 shares of the real estate investment trust’s stock, valued at approximately $4,862,000.

Other large investors have also recently added to or reduced their stakes in the company. Simplicity Wealth LLC acquired a new stake in shares of ProShares Short S&P 500 in the 3rd quarter valued at about $230,000. Sugar Maple Asset Management LLC grew its holdings in shares of ProShares Short S&P 500 by 70.3% during the third quarter. Sugar Maple Asset Management LLC now owns 36,337 shares of the real estate investment trust’s stock worth $1,343,000 after buying an additional 15,000 shares in the last quarter. Arcadia Investment Management Corp MI acquired a new stake in ProShares Short S&P 500 in the 3rd quarter valued at approximately $1,699,000. Abbington Investment Group acquired a new stake in ProShares Short S&P 500 in the 3rd quarter valued at approximately $1,745,000. Finally, Wealth Quarterback LLC bought a new stake in ProShares Short S&P 500 in the 3rd quarter valued at approximately $7,886,000.

ProShares Short S&P 500 Stock Up 0.0%

NYSEARCA:SH opened at $35.77 on Monday. ProShares Short S&P 500 has a twelve month low of $35.36 and a twelve month high of $51.37. The business has a 50 day moving average price of $36.25 and a two-hundred day moving average price of $37.28.

ProShares Short S&P 500 Company 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.