ProShares Short S&P500 (NYSEARCA:SH) Holdings Boosted by Kovack Advisors Inc.

Kovack Advisors Inc. raised its stake in ProShares Short S&P500 (NYSEARCA:SH) by 12.6% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 66,546 shares of the real estate investment trust’s stock after acquiring an additional 7,427 shares during the period. Kovack Advisors Inc.’s holdings in ProShares Short S&P500 were worth $789,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in the stock. Choreo LLC grew its position in shares of ProShares Short S&P500 by 18.8% during the fourth quarter. Choreo LLC now owns 18,817 shares of the real estate investment trust’s stock worth $244,000 after acquiring an additional 2,973 shares during the last quarter. Transcendent Capital Group LLC acquired a new position in ProShares Short S&P500 during the 4th quarter valued at about $40,000. Axxcess Wealth Management LLC grew its position in ProShares Short S&P500 by 1.0% in the 4th quarter. Axxcess Wealth Management LLC now owns 493,381 shares of the real estate investment trust’s stock worth $6,409,000 after purchasing an additional 4,806 shares during the last quarter. Tower Research Capital LLC TRC increased its stake in shares of ProShares Short S&P500 by 5.0% in the fourth quarter. Tower Research Capital LLC TRC now owns 115,694 shares of the real estate investment trust’s stock valued at $1,503,000 after purchasing an additional 5,504 shares during the period. Finally, Clear Creek Financial Management LLC raised its holdings in shares of ProShares Short S&P500 by 2.9% during the fourth quarter. Clear Creek Financial Management LLC now owns 234,345 shares of the real estate investment trust’s stock valued at $3,044,000 after buying an additional 6,540 shares during the last quarter.

ProShares Short S&P500 Trading Down 0.4 %

Shares of NYSEARCA SH opened at $11.28 on Friday. ProShares Short S&P500 has a 12-month low of $11.26 and a 12-month high of $15.20. The stock has a 50 day simple moving average of $11.82 and a 200-day simple moving average of $12.27.

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.