Morgan Stanley increased its stake in shares of ProShares Short MSCI Emerging Markets (NYSEARCA:EUM) by 13.7% during the 3rd quarter, HoldingsChannel reports. The fund owned 463,452 shares of the company’s stock after acquiring an additional 55,694 shares during the period. Morgan Stanley’s holdings in ProShares Short MSCI Emerging Markets were worth $8,871,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Brookstone Capital Management bought a new stake in ProShares Short MSCI Emerging Markets in the third quarter valued at approximately $6,047,000. LPL Financial LLC bought a new stake in ProShares Short MSCI Emerging Markets in the third quarter valued at approximately $4,375,000. Mirae Asset Global Investments Co. Ltd. bought a new stake in ProShares Short MSCI Emerging Markets in the third quarter valued at approximately $746,000. IFP Advisors Inc raised its stake in ProShares Short MSCI Emerging Markets by 257.3% in the third quarter. IFP Advisors Inc now owns 30,211 shares of the company’s stock valued at $578,000 after buying an additional 21,755 shares during the period. Finally, Flow Traders U.S. LLC bought a new stake in ProShares Short MSCI Emerging Markets in the third quarter valued at approximately $407,000.

NYSEARCA:EUM opened at $18.94 on Tuesday. ProShares Short MSCI Emerging Markets has a 12-month low of $16.71 and a 12-month high of $21.76.

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ProShares Short MSCI Emerging Markets Company Profile

ProShares Short MSCI Emerging Markets (the Fund) seeks daily investment results that correspond to the inverse (opposite) of the daily performance of the MSCI Emerging Markets Index. The MSCI Emerging Markets Index adjusts the market capitalization of index constituents for free float and targets for index inclusion 85% of free float-adjusted market capitalization in each industry group in global emerging markets countries.

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Want to see what other hedge funds are holding EUM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ProShares Short MSCI Emerging Markets (NYSEARCA:EUM).

Institutional Ownership by Quarter for ProShares Short MSCI Emerging Markets (NYSEARCA:EUM)

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