ProShares Short S&P500 (NYSEARCA:SH – Get Free Report)’s stock price reached a new 52-week low during trading on Wednesday . The stock traded as low as $10.81 and last traded at $10.81, with a volume of 7048502 shares changing hands. The stock had previously closed at $10.87.
ProShares Short S&P500 Stock Performance
The stock’s 50 day moving average price is $11.29 and its 200-day moving average price is $11.62.
Institutional Inflows and Outflows
Large investors have recently made changes to their positions in the stock. Gunderson Capital Management Inc. purchased a new position in ProShares Short S&P500 in the third quarter valued at about $11,095,000. First National Corp MA ADV lifted its position in shares of ProShares Short S&P500 by 266.2% during the third quarter. First National Corp MA ADV now owns 1,563,361 shares of the real estate investment trust’s stock valued at $16,962,000 after buying an additional 1,136,404 shares during the last quarter. Brookstone Capital Management bought a new stake in shares of ProShares Short S&P500 in the 3rd quarter valued at about $145,000. EWG Elevate Inc. purchased a new position in shares of ProShares Short S&P500 in the 3rd quarter worth approximately $13,825,000. Finally, Mirador Capital Partners LP raised its stake in shares of ProShares Short S&P500 by 52.2% during the 3rd quarter. Mirador Capital Partners LP now owns 1,009,135 shares of the real estate investment trust’s stock worth $10,949,000 after acquiring an additional 346,068 shares in the last quarter.
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.
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