Cwm LLC Sells 120,464 Shares of ProShares Short S&P500 (NYSEARCA:SH)

Cwm LLC lessened its stake in shares of ProShares Short S&P500 (NYSEARCA:SH) by 70.0% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 51,593 shares of the real estate investment trust’s stock after selling 120,464 shares during the quarter. Cwm LLC’s holdings in ProShares Short S&P500 were worth $670,000 as of its most recent SEC filing.

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

ProShares Short S&P500 Stock Performance

ProShares Short S&P500 stock opened at $12.25 on Tuesday. The stock’s fifty day moving average price is $12.19 and its two-hundred day moving average price is $13.04. ProShares Short S&P500 has a one year low of $11.81 and a one year high of $15.29.

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.