ProShares Short S&P500 (NYSEARCA:SH)’s stock price hit a new 52-week low on Thursday . The stock traded as low as $25.86 and last traded at $25.88, with a volume of 248298 shares traded. The stock had previously closed at $26.02.

The company has a fifty day moving average price of $26.68 and a two-hundred day moving average price of $27.12.

Institutional investors have recently bought and sold shares of the stock. Morgan Stanley raised its position in ProShares Short S&P500 by 14.0% in the 2nd quarter. Morgan Stanley now owns 5,620,297 shares of the real estate investment trust’s stock valued at $149,556,000 after purchasing an additional 691,603 shares during the last quarter. Wells Fargo & Company MN grew its stake in shares of ProShares Short S&P500 by 25.9% during the second quarter. Wells Fargo & Company MN now owns 1,944,105 shares of the real estate investment trust’s stock worth $51,733,000 after purchasing an additional 400,242 shares during the period. UBS Group AG grew its stake in shares of ProShares Short S&P500 by 21.5% during the second quarter. UBS Group AG now owns 906,444 shares of the real estate investment trust’s stock worth $24,120,000 after purchasing an additional 160,198 shares during the period. Bedell Frazier Investment Counseling LLC grew its stake in shares of ProShares Short S&P500 by 24.9% during the first quarter. Bedell Frazier Investment Counseling LLC now owns 838,310 shares of the real estate investment trust’s stock worth $23,179,000 after purchasing an additional 167,300 shares during the period. Finally, Raymond James & Associates grew its stake in shares of ProShares Short S&P500 by 3,142.2% during the first quarter. Raymond James & Associates now owns 534,125 shares of the real estate investment trust’s stock worth $14,769,000 after purchasing an additional 517,651 shares during the period.

About ProShares Short S&P500 (NYSEARCA:SH)

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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