Americafirst Capital Management LLC Invests $2.83 Million in ProShares Short S&P500 (SH)

Americafirst Capital Management LLC acquired a new stake in shares of ProShares Short S&P500 (NYSEARCA:SH) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 84,505 shares of the real estate investment trust’s stock, valued at approximately $2,831,000. ProShares Short S&P500 makes up about 3.6% of Americafirst Capital Management LLC’s investment portfolio, making the stock its largest position.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in SH. Sei Investments Co. boosted its stake in ProShares Short S&P500 by 213.3% in the second quarter. Sei Investments Co. now owns 3,327 shares of the real estate investment trust’s stock valued at $111,000 after acquiring an additional 2,265 shares in the last quarter. AlphaStar Capital Management LLC acquired a new stake in ProShares Short S&P500 in the second quarter valued at approximately $115,000. SeaBridge Investment Advisors LLC boosted its stake in ProShares Short S&P500 by 164.4% in the second quarter. SeaBridge Investment Advisors LLC now owns 5,880 shares of the real estate investment trust’s stock valued at $197,000 after acquiring an additional 3,656 shares in the last quarter. Peak Asset Management LLC boosted its stake in ProShares Short S&P500 by 30.0% in the second quarter. Peak Asset Management LLC now owns 7,578 shares of the real estate investment trust’s stock valued at $254,000 after acquiring an additional 1,751 shares in the last quarter. Finally, HPM Partners LLC acquired a new stake in ProShares Short S&P500 in the second quarter valued at approximately $281,000.

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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.

Institutional Ownership by Quarter for ProShares Short S&P500 (NYSEARCA:SH)

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