Parallel Advisors LLC bought a new position in shares of ProShares Short S&P500 (NYSEARCA:SH) during the first quarter, HoldingsChannel reports. The fund bought 1,500 shares of the real estate investment trust’s stock, valued at approximately $41,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Raymond James & Associates purchased a new position in ProShares Short S&P500 in the fourth quarter valued at approximately $516,000. Cetera Advisor Networks LLC increased its stake in ProShares Short S&P500 by 9.6% in the fourth quarter. Cetera Advisor Networks LLC now owns 16,309 shares of the real estate investment trust’s stock valued at $512,000 after purchasing an additional 1,426 shares during the last quarter. Juncture Wealth Strategies LLC increased its stake in ProShares Short S&P500 by 1.4% in the fourth quarter. Juncture Wealth Strategies LLC now owns 77,924 shares of the real estate investment trust’s stock valued at $2,441,000 after purchasing an additional 1,066 shares during the last quarter. Sigma Planning Corp purchased a new position in ProShares Short S&P500 in the fourth quarter valued at approximately $2,235,000. Finally, Virtu Financial LLC purchased a new position in ProShares Short S&P500 in the fourth quarter valued at approximately $5,228,000.

SH stock opened at $27.53 on Thursday. ProShares Short S&P500 has a twelve month low of $26.58 and a twelve month high of $33.59.

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ProShares Short S&P500 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.

See Also: Trading Penny Stocks

Want to see what other hedge funds are holding SH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ProShares Short S&P500 (NYSEARCA:SH).

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

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