Atria Wealth Solutions Inc. Acquires Shares of 47,049 ProShares Short S&P500 (NYSEARCA:SH)

Atria Wealth Solutions Inc. bought a new position in shares of ProShares Short S&P500 (NYSEARCA:SH) in the 4th quarter, Holdings Channel reports. The fund bought 47,049 shares of the real estate investment trust’s stock, valued at approximately $611,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in SH. Arete Wealth Advisors LLC purchased a new stake in shares of ProShares Short S&P500 in the third quarter valued at about $9,961,000. Envestnet Asset Management Inc. raised its stake in shares of ProShares Short S&P500 by 450.8% during the 3rd quarter. Envestnet Asset Management Inc. now owns 812,969 shares of the real estate investment trust’s stock worth $11,764,000 after buying an additional 665,370 shares in the last quarter. Robinson Value Management Ltd. acquired a new stake in shares of ProShares Short S&P500 in the 3rd quarter valued at approximately $8,492,000. Sterling Investment Management LLC purchased a new stake in shares of ProShares Short S&P500 in the fourth quarter valued at approximately $6,225,000. Finally, Reuter James Wealth Management LLC purchased a new stake in shares of ProShares Short S&P500 in the third quarter valued at approximately $5,389,000.

ProShares Short S&P500 Trading Down 1.2 %

NYSEARCA:SH opened at $12.23 on Friday. ProShares Short S&P500 has a 1 year low of $11.81 and a 1 year high of $15.29. The stock has a fifty day moving average price of $12.18 and a two-hundred day moving average price of $12.98.

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.