SeaBridge Investment Advisors LLC reduced its holdings in ProShares Short S&P500 (NYSEARCA:SH) by 16.4% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 10,180 shares of the real estate investment trust’s stock after selling 2,000 shares during the quarter. SeaBridge Investment Advisors LLC’s holdings in ProShares Short S&P500 were worth $278,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Murphy Capital Management Inc. bought a new stake in shares of ProShares Short S&P500 in the third quarter worth about $218,000. Oxbow Advisors LLC acquired a new position in shares of ProShares Short S&P500 during the second quarter worth about $275,000. V Wealth Management LLC acquired a new position in shares of ProShares Short S&P500 during the second quarter worth about $434,000. Bank of Montreal Can acquired a new position in shares of ProShares Short S&P500 during the second quarter worth about $536,000. Finally, Private Advisor Group LLC boosted its position in shares of ProShares Short S&P500 by 111.2% during the second quarter. Private Advisor Group LLC now owns 24,398 shares of the real estate investment trust’s stock worth $715,000 after buying an additional 12,846 shares during the period.

SH stock opened at $28.73 on Friday. ProShares Short S&P500 has a fifty-two week low of $27.08 and a fifty-two week high of $31.83.

The business also recently declared a quarterly dividend, which was paid on Wednesday, October 3rd. Investors of record on Thursday, September 27th were given a dividend of $0.1081 per share. The ex-dividend date of this dividend was Wednesday, September 26th. This is a boost from ProShares Short S&P500’s previous quarterly dividend of $0.04. This represents a $0.43 annualized dividend and a yield of 1.51%.

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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Institutional Ownership by Quarter for ProShares Short S&P500 (NYSEARCA:SH)

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