Oppenheimer & Co. Inc. purchased a new stake in shares of ProShares Short S&P 500 (NYSEARCA:SH – Free Report) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 26,523 shares of the real estate investment trust’s stock, valued at approximately $859,000.
A number of other institutional investors also recently modified their holdings of SH. Three Seasons Wealth LLC bought a new position in shares of ProShares Short S&P 500 in the first quarter valued at approximately $20,507,000. First Pacific Financial bought a new stake in shares of ProShares Short S&P 500 during the 3rd quarter worth $10,243,000. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new stake in shares of ProShares Short S&P 500 during the 3rd quarter worth $10,123,000. Arete Wealth Advisors LLC bought a new stake in shares of ProShares Short S&P 500 during the 1st quarter worth $10,853,000. Finally, Arkadios Wealth Advisors acquired a new position in ProShares Short S&P 500 in the 1st quarter valued at $10,769,000.
ProShares Short S&P 500 Trading Down 0.3%
Shares of SH opened at $32.94 on Wednesday. ProShares Short S&P 500 has a one year low of $31.64 and a one year high of $39.20. The company’s fifty day moving average price is $32.36 and its 200 day moving average price is $34.07.
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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