Commonwealth Financial Services LLC bought a new position in shares of ProShares Short S&P 500 (NYSEARCA:SH – Free Report) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 57,642 shares of the real estate investment trust’s stock, valued at approximately $2,287,000. Commonwealth Financial Services LLC owned about 0.19% of ProShares Short S&P 500 at the end of the most recent quarter.
A number of other hedge funds have also modified their holdings of SH. Farther Finance Advisors LLC purchased a new position in shares of ProShares Short S&P 500 during the second quarter worth approximately $38,000. Golden State Wealth Management LLC lifted its holdings in shares of ProShares Short S&P 500 by 100.0% during the first quarter. Golden State Wealth Management LLC now owns 1,478 shares of the real estate investment trust’s stock worth $66,000 after purchasing an additional 739 shares during the period. Oliver Lagore Vanvalin Investment Group acquired a new stake in shares of ProShares Short S&P 500 during the second quarter worth $69,000. Blair William & Co. IL lifted its holdings in shares of ProShares Short S&P 500 by 33.7% during the first quarter. Blair William & Co. IL now owns 1,985 shares of the real estate investment trust’s stock worth $88,000 after purchasing an additional 500 shares during the period. Finally, ST Germain D J Co. Inc. acquired a new stake in shares of ProShares Short S&P 500 during the second quarter worth $109,000.
ProShares Short S&P 500 Stock Up 2.7%
Shares of NYSEARCA SH opened at $37.75 on Friday. The stock has a fifty day moving average price of $38.00 and a 200 day moving average price of $40.87. ProShares Short S&P 500 has a 1-year low of $36.59 and a 1-year high of $51.37.
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.
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Want to see what other hedge funds are holding SH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ProShares Short S&P 500 (NYSEARCA:SH – Free Report).
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