8,860 Shares in ProShares Short S&P 500 (NYSEARCA:SH) Purchased by M&T Bank Corp

M&T Bank Corp purchased a new stake in ProShares Short S&P 500 (NYSEARCA:SH) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 8,860 shares of the real estate investment trust’s stock, valued at approximately $395,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Stratos Wealth Advisors LLC lifted its position in ProShares Short S&P 500 by 93.2% in the 1st quarter. Stratos Wealth Advisors LLC now owns 379,232 shares of the real estate investment trust’s stock worth $16,899,000 after buying an additional 182,938 shares during the last quarter. Mirador Capital Partners LP raised its stake in shares of ProShares Short S&P 500 by 85.8% during the first quarter. Mirador Capital Partners LP now owns 371,316 shares of the real estate investment trust’s stock worth $16,546,000 after acquiring an additional 171,418 shares in the last quarter. Kaydan Wealth Management Inc. bought a new stake in shares of ProShares Short S&P 500 in the 1st quarter worth approximately $6,783,000. Stableford Capital II LLC boosted its stake in shares of ProShares Short S&P 500 by 147.6% in the 1st quarter. Stableford Capital II LLC now owns 181,794 shares of the real estate investment trust’s stock valued at $8,499,000 after purchasing an additional 108,369 shares in the last quarter. Finally, Beacon Pointe Advisors LLC purchased a new stake in shares of ProShares Short S&P 500 in the 4th quarter valued at $3,072,000.

ProShares Short S&P 500 Stock Performance

Shares of SH stock opened at $39.40 on Thursday. The business has a 50-day moving average of $41.06 and a 200 day moving average of $42.69. ProShares Short S&P 500 has a 1-year low of $39.16 and a 1-year high of $51.37.

ProShares Short S&P 500 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.