Three Seasons Wealth LLC Acquires Shares of 540,662 ProShares Short S&P 500 $SH

Three Seasons Wealth LLC bought a new position in shares of ProShares Short S&P 500 (NYSEARCA:SH) during the first quarter, according to the company in its most recent disclosure with the SEC. The firm bought 540,662 shares of the real estate investment trust’s stock, valued at approximately $20,507,000. ProShares Short S&P 500 comprises 7.8% of Three Seasons Wealth LLC’s holdings, making the stock its largest holding.

Several other hedge funds also recently made changes to their positions in the company. Belpointe Asset Management LLC raised its position in shares of ProShares Short S&P 500 by 559.7% during the 4th quarter. Belpointe Asset Management LLC now owns 72,964 shares of the real estate investment trust’s stock valued at $2,629,000 after acquiring an additional 61,904 shares in the last quarter. Hedges Asset Management LLC acquired a new position in ProShares Short S&P 500 in the fourth quarter worth $2,486,000. Canal Capital Management LLC acquired a new position in ProShares Short S&P 500 in the first quarter worth $2,634,000. J. Safra Sarasin Holding AG increased its stake in ProShares Short S&P 500 by 296.4% during the first quarter. J. Safra Sarasin Holding AG now owns 60,510 shares of the real estate investment trust’s stock valued at $2,295,000 after purchasing an additional 45,246 shares during the last quarter. Finally, Stack Financial Management Inc bought a new stake in ProShares Short S&P 500 during the fourth quarter valued at $90,286,000.

ProShares Short S&P 500 Price Performance

Shares of NYSEARCA:SH opened at $32.74 on Thursday. The company’s fifty day moving average is $33.30 and its two-hundred day moving average is $35.13. ProShares Short S&P 500 has a 1-year low of $32.70 and a 1-year high of $39.85.

About ProShares Short S&P 500

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. The Fund intends to invest at least 80% of its net assets, including any borrowings for investment purposes, to investments that, in combination, have economic characteristics that are inverse to those of the Index.