UBS Group AG reduced its position in ProShares Short S&P 500 (NYSEARCA:SH – Free Report) by 65.9% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 558,352 shares of the real estate investment trust’s stock after selling 1,080,983 shares during the period. UBS Group AG’s holdings in ProShares Short S&P 500 were worth $20,117,000 as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Stratos Wealth Advisors LLC acquired a new position in ProShares Short S&P 500 during the fourth quarter worth approximately $17,698,000. Arlington Capital Management Inc. acquired a new stake in shares of ProShares Short S&P 500 in the third quarter valued at approximately $12,257,000. Boothbay Fund Management LLC bought a new position in shares of ProShares Short S&P 500 during the 3rd quarter worth approximately $6,125,000. Chatham Capital Group Inc. bought a new position in shares of ProShares Short S&P 500 during the 4th quarter worth approximately $5,750,000. Finally, Whittier Trust Co. acquired a new position in shares of ProShares Short S&P 500 during the 3rd quarter worth approximately $4,862,000.
ProShares Short S&P 500 Stock Performance
SH opened at $33.53 on Tuesday. ProShares Short S&P 500 has a 1-year low of $33.46 and a 1-year high of $42.89. The stock’s fifty day simple moving average is $36.26 and its 200 day simple moving average is $36.22.
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.
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