ProShares Short S&P500 (NYSEARCA:SH) Shares Sold by Evergreen Capital Management LLC

Evergreen Capital Management LLC lessened its holdings in ProShares Short S&P500 (NYSEARCA:SH) by 49.7% during the second quarter, HoldingsChannel.com reports. The fund owned 19,250 shares of the real estate investment trust’s stock after selling 19,020 shares during the quarter. Evergreen Capital Management LLC’s holdings in ProShares Short S&P500 were worth $223,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Cambridge Investment Research Advisors Inc. lifted its position in ProShares Short S&P500 by 46.2% during the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 124,971 shares of the real estate investment trust’s stock worth $1,623,000 after acquiring an additional 39,467 shares in the last quarter. Belpointe Asset Management LLC purchased a new position in shares of ProShares Short S&P500 in the fourth quarter valued at $235,000. Tower Research Capital LLC TRC boosted 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. Bedell Frazier Investment Counselling LLC acquired a new stake in ProShares Short S&P500 during the 4th quarter valued at $1,220,000. Finally, Oppenheimer & Co. Inc. lifted its holdings in ProShares Short S&P500 by 26.3% in the 4th quarter. Oppenheimer & Co. Inc. now owns 314,237 shares of the real estate investment trust’s stock worth $4,082,000 after buying an additional 65,490 shares in the last quarter.

ProShares Short S&P500 Price Performance

NYSEARCA:SH opened at $10.89 on Friday. The firm has a 50-day moving average of $11.36 and a two-hundred day moving average of $11.68. ProShares Short S&P500 has a 1-year low of $10.81 and a 1-year high of $15.20.

ProShares Short S&P500 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.