Leuthold Group LLC Takes $2.80 Million Position in ProShares Short S&P 500 $SH

Leuthold Group LLC acquired a new stake in ProShares Short S&P 500 (NYSEARCA:SH) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 77,821 shares of the real estate investment trust’s stock, valued at approximately $2,804,000.

Several other hedge funds and other institutional investors have also made changes to their positions in SH. Atlantic Union Bankshares Corp raised its holdings in ProShares Short S&P 500 by 51.1% in the fourth quarter. Atlantic Union Bankshares Corp now owns 1,700 shares of the real estate investment trust’s stock valued at $61,000 after acquiring an additional 575 shares in the last quarter. Stack Financial Management Inc acquired a new stake in ProShares Short S&P 500 in the fourth quarter valued at approximately $90,286,000. Simplicity Wealth LLC raised its holdings in ProShares Short S&P 500 by 30.4% in the fourth quarter. Simplicity Wealth LLC now owns 8,118 shares of the real estate investment trust’s stock valued at $293,000 after acquiring an additional 1,893 shares in the last quarter. IMC Chicago LLC acquired a new stake in ProShares Short S&P 500 in the fourth quarter valued at approximately $2,102,000. Finally, Belpointe Asset Management LLC raised its holdings in ProShares Short S&P 500 by 559.7% in the fourth 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.

ProShares Short S&P 500 Price Performance

Shares of NYSEARCA:SH opened at $33.56 on Monday. The firm’s 50 day moving average price is $36.04 and its 200 day moving average price is $36.13. ProShares Short S&P 500 has a fifty-two week low of $33.08 and a fifty-two week high of $42.89.

ProShares Short S&P 500 Company 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.