ProShares Short S&P 500 $SH Shares Newly Purchased by Axiom Investment Management LLC

Axiom Investment Management LLC purchased a new stake in ProShares Short S&P 500 (NYSEARCA:SH) during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 153,075 shares of the real estate investment trust’s stock, valued at approximately $4,960,000. ProShares Short S&P 500 comprises 4.0% of Axiom Investment Management LLC’s investment portfolio, making the stock its 3rd biggest holding. Axiom Investment Management LLC owned about 0.52% of ProShares Short S&P 500 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also made changes to their positions in the company. Three Seasons Wealth LLC acquired a new position in shares of ProShares Short S&P 500 during the 1st quarter worth about $20,507,000. Virtue Capital Management LLC boosted its stake in ProShares Short S&P 500 by 537.7% during the 3rd quarter. Virtue Capital Management LLC now owns 385,351 shares of the real estate investment trust’s stock valued at $12,485,000 after purchasing an additional 324,927 shares during the period. First Pacific Financial acquired a new stake in ProShares Short S&P 500 in the 3rd quarter valued at approximately $10,243,000. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new stake in ProShares Short S&P 500 in the 3rd quarter valued at approximately $10,123,000. Finally, Arete Wealth Advisors LLC acquired a new stake in ProShares Short S&P 500 in the 1st quarter valued at approximately $10,853,000.

ProShares Short S&P 500 Stock Down 0.3%

Shares of NYSEARCA SH opened at $33.74 on Friday. The business’s 50 day moving average is $32.42 and its two-hundred day moving average is $34.03. ProShares Short S&P 500 has a 12 month low of $31.64 and a 12 month high of $39.20.

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.