Aviance Capital Partners LLC Acquires New Position in ProShares Short S&P500 (NYSEARCA:SH)

Aviance Capital Partners LLC acquired a new stake in shares of ProShares Short S&P500 (NYSEARCA:SH) in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 48,000 shares of the real estate investment trust’s stock, valued at approximately $569,000.

A number of other hedge funds also recently made changes to their positions in the stock. Transcendent Capital Group LLC bought a new position in ProShares Short S&P500 in the 4th quarter worth approximately $40,000. EdgeRock Capital LLC bought a new position in ProShares Short S&P500 in the 4th quarter worth approximately $97,000. Transcend Capital Advisors LLC bought a new position in ProShares Short S&P500 in the 4th quarter worth approximately $141,000. Thomasville National Bank bought a new position in ProShares Short S&P500 in the 1st quarter worth approximately $132,000. Finally, Balboa Wealth Partners bought a new position in ProShares Short S&P500 in the 4th quarter worth approximately $189,000.

ProShares Short S&P500 Trading Up 0.1 %

SH stock traded up $0.01 during midday trading on Monday, hitting $11.42. The company’s stock had a trading volume of 5,150,903 shares, compared to its average volume of 19,853,104. ProShares Short S&P500 has a 12 month low of $11.28 and a 12 month high of $15.20. The company has a 50 day moving average of $11.90 and a two-hundred day moving average of $12.31.

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.