Trek Financial LLC Invests $1.91 Million in ProShares Short High Yield $SJB

Trek Financial LLC bought a new stake in ProShares Short High Yield (NYSEARCA:SJB) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 124,122 shares of the company’s stock, valued at approximately $1,908,000. Trek Financial LLC owned approximately 2.56% of ProShares Short High Yield as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also made changes to their positions in the business. Simplex Trading LLC grew its holdings in ProShares Short High Yield by 1,193.8% during the 2nd quarter. Simplex Trading LLC now owns 1,669 shares of the company’s stock worth $26,000 after acquiring an additional 1,540 shares during the last quarter. BNP Paribas Financial Markets acquired a new position in shares of ProShares Short High Yield during the second quarter worth approximately $135,000. Tradewinds LLC. acquired a new position in shares of ProShares Short High Yield during the second quarter worth approximately $182,000. Two Sigma Securities LLC bought a new stake in shares of ProShares Short High Yield during the second quarter valued at approximately $358,000. Finally, Choreo LLC bought a new stake in shares of ProShares Short High Yield during the second quarter valued at approximately $1,175,000.

ProShares Short High Yield Price Performance

Shares of ProShares Short High Yield stock opened at $15.23 on Friday. The firm has a 50 day simple moving average of $15.36 and a 200 day simple moving average of $15.48. ProShares Short High Yield has a fifty-two week low of $15.18 and a fifty-two week high of $16.95.

ProShares Short High Yield Profile

The Proshares Short High Yield (SJB) is an exchange-traded fund that is based on the iBoxx USD Liquid High Yield index. The fund provides inverse exposure, reset daily, to a modified market-value-weighted index comprising US-dollar-denominated corporate high-yield bonds with maturities between 3 and 15 years. SJB was launched on Mar 21, 2011 and is managed by ProShares.