Wealth Quarterback LLC Takes Position in ProShares Short S&P 500 $SH

Wealth Quarterback LLC bought a new stake in ProShares Short S&P 500 (NYSEARCA:SH) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 213,358 shares of the real estate investment trust’s stock, valued at approximately $7,886,000. ProShares Short S&P 500 accounts for about 3.0% of Wealth Quarterback LLC’s portfolio, making the stock its 7th largest position. Wealth Quarterback LLC owned 0.72% of ProShares Short S&P 500 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of the company. WFA of San Diego LLC acquired a new stake in shares of ProShares Short S&P 500 during the second quarter worth about $36,000. Farther Finance Advisors LLC purchased a new position in ProShares Short S&P 500 during the 2nd quarter worth approximately $38,000. SBI Securities Co. Ltd. lifted its stake in ProShares Short S&P 500 by 49.5% during the 2nd quarter. SBI Securities Co. Ltd. now owns 961 shares of the real estate investment trust’s stock valued at $38,000 after acquiring an additional 318 shares during the period. Oliver Lagore Vanvalin Investment Group purchased a new stake in shares of ProShares Short S&P 500 in the 2nd quarter valued at $69,000. Finally, Allworth Financial LP increased its stake in shares of ProShares Short S&P 500 by 384.4% in the second quarter. Allworth Financial LP now owns 1,773 shares of the real estate investment trust’s stock worth $70,000 after acquiring an additional 1,407 shares during the period.

ProShares Short S&P 500 Stock Performance

NYSEARCA SH opened at $35.70 on Tuesday. ProShares Short S&P 500 has a 1 year low of $35.50 and a 1 year high of $51.37. The company has a fifty day moving average of $36.54 and a 200 day moving average of $37.90.

ProShares Short S&P 500 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. The Fund intends to invest at least 80% of its net assets, including any borrowings for investment purposes, to investments that, in combination, have economic characteristics that are inverse to those of the Index.