Jane Street Group LLC Has $606,000 Stake in ProShares Short High Yield (NYSEARCA:SJB)

Jane Street Group LLC reduced its position in shares of ProShares Short High Yield (NYSEARCA:SJB) by 66.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 37,443 shares of the company’s stock after selling 74,155 shares during the period. Jane Street Group LLC owned about 0.68% of ProShares Short High Yield worth $606,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Solstein Capital LLC bought a new stake in ProShares Short High Yield during the third quarter worth about $5,073,000. AE Wealth Management LLC raised its holdings in ProShares Short High Yield by 6.6% during the second quarter. AE Wealth Management LLC now owns 274,969 shares of the company’s stock worth $4,658,000 after acquiring an additional 17,076 shares in the last quarter. Lloyd Advisory Services LLC. raised its holdings in ProShares Short High Yield by 4.4% during the third quarter. Lloyd Advisory Services LLC. now owns 98,952 shares of the company’s stock worth $1,602,000 after acquiring an additional 4,168 shares in the last quarter. Mid American Wealth Advisory Group Inc. raised its holdings in ProShares Short High Yield by 69.8% during the third quarter. Mid American Wealth Advisory Group Inc. now owns 46,777 shares of the company’s stock worth $757,000 after acquiring an additional 19,221 shares in the last quarter. Finally, Elevated Capital Advisors LLC raised its holdings in ProShares Short High Yield by 73.0% during the third quarter. Elevated Capital Advisors LLC now owns 27,167 shares of the company’s stock worth $440,000 after acquiring an additional 11,467 shares in the last quarter.

ProShares Short High Yield Trading Down 0.1 %

SJB opened at $16.09 on Friday. ProShares Short High Yield has a 52-week low of $16.07 and a 52-week high of $17.53. The business’s 50-day simple moving average is $16.30 and its 200 day simple moving average is $16.52.

ProShares Short High Yield Company 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.