Financial Counselors Inc. Invests $257,000 in ProShares Short S&P500 (SH) Stock

Financial Counselors Inc. bought a new stake in ProShares Short S&P500 (NYSEARCA:SH) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 8,000 shares of the real estate investment trust’s stock, valued at approximately $257,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SH. JPMorgan Chase & Co. lifted its stake in shares of ProShares Short S&P500 by 204.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 3,099 shares of the real estate investment trust’s stock valued at $100,000 after buying an additional 2,082 shares in the last quarter. Sei Investments Co. lifted its stake in shares of ProShares Short S&P500 by 213.3% during the 2nd quarter. Sei Investments Co. now owns 3,327 shares of the real estate investment trust’s stock valued at $111,000 after buying an additional 2,265 shares in the last quarter. AlphaStar Capital Management LLC purchased a new stake in shares of ProShares Short S&P500 during the 2nd quarter valued at approximately $115,000. Bristlecone Advisors LLC purchased a new stake in shares of ProShares Short S&P500 during the 3rd quarter valued at approximately $132,000. Finally, Crow Point Partners LLC purchased a new stake in shares of ProShares Short S&P500 during the 3rd quarter valued at approximately $183,000.

ProShares Short S&P500 (NYSEARCA:SH) traded down $0.08 during trading on Thursday, reaching $30.67. 2,129,300 shares of the company were exchanged, compared to its average volume of 2,056,888. ProShares Short S&P500 has a twelve month low of $30.33 and a twelve month high of $37.14.

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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.

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

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