Aviance Capital Partners LLC acquired a new stake in shares of ProShares Short S&P500 (NYSEARCA:SH – Free Report) 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.
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