ProShares Short S&P 500 $SH Shares Acquired by Sterling Investment Management LLC

Sterling Investment Management LLC boosted its holdings in ProShares Short S&P 500 (NYSEARCA:SH) by 15.1% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 265,553 shares of the real estate investment trust’s stock after purchasing an additional 34,846 shares during the quarter. ProShares Short S&P 500 accounts for about 4.1% of Sterling Investment Management LLC’s portfolio, making the stock its 8th largest holding. Sterling Investment Management LLC owned approximately 0.88% of ProShares Short S&P 500 worth $8,604,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of SH. Ascentis Independent Advisors acquired a new position in shares of ProShares Short S&P 500 during the 1st quarter worth approximately $67,000. Nvwm LLC increased its holdings in shares of ProShares Short S&P 500 by 50.0% during the third quarter. Nvwm LLC now owns 3,000 shares of the real estate investment trust’s stock worth $97,000 after purchasing an additional 1,000 shares during the period. Ramsey Quantitative Systems bought a new position in shares of ProShares Short S&P 500 during the second quarter worth approximately $158,000. EverSource Wealth Advisors LLC increased its holdings in shares of ProShares Short S&P 500 by 3,040.1% during the first quarter. EverSource Wealth Advisors LLC now owns 5,401 shares of the real estate investment trust’s stock worth $205,000 after purchasing an additional 5,229 shares during the period. Finally, Modern Wealth Management LLC acquired a new stake in shares of ProShares Short S&P 500 in the first quarter valued at approximately $211,000.

ProShares Short S&P 500 Trading Up 1.2%

NYSEARCA SH opened at $32.47 on Friday. ProShares Short S&P 500 has a 1-year low of $31.64 and a 1-year high of $39.20. The company has a 50 day moving average of $32.30 and a 200-day moving average of $33.38.

ProShares Short S&P 500 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. 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.