National Wealth Management Group LLC Buys New Holdings in ProShares Short S&P500 (NYSEARCA:SH)

National Wealth Management Group LLC purchased a new position in shares of ProShares Short S&P500 (NYSEARCA:SH) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm purchased 18,097 shares of the real estate investment trust’s stock, valued at approximately $235,000.

A number of other large investors have also bought and sold shares of SH. Headlands Technologies LLC bought a new stake in shares of ProShares Short S&P500 in the third quarter worth about $111,000. First Horizon Advisors Inc. purchased a new stake in ProShares Short S&P500 in the 3rd quarter worth approximately $143,000. Rathbones Group PLC bought a new stake in shares of ProShares Short S&P500 in the 3rd quarter worth approximately $159,000. Milestone Asset Management LLC purchased a new position in shares of ProShares Short S&P500 during the third quarter valued at approximately $165,000. Finally, Raymond James & Associates bought a new position in ProShares Short S&P500 during the 3rd quarter valued at approximately $171,000.

ProShares Short S&P500 Stock Performance

Shares of NYSEARCA SH traded down $0.15 during trading hours on Tuesday, hitting $12.34. 12,372,715 shares of the company traded hands, compared to its average volume of 21,108,971. ProShares Short S&P500 has a 12 month low of $11.81 and a 12 month high of $15.29. The company’s 50 day moving average price is $12.20 and its 200 day moving average price is $13.09.

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.