Foundations Investment Advisors LLC Acquires 1,915 Shares of ProShares Short S&P 500 (NYSEARCA:SH)

Foundations Investment Advisors LLC raised its stake in shares of ProShares Short S&P 500 (NYSEARCA:SH) by 37.0% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 7,090 shares of the real estate investment trust’s stock after purchasing an additional 1,915 shares during the period. Foundations Investment Advisors LLC’s holdings in ProShares Short S&P 500 were worth $316,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Mirae Asset Global Investments Co. Ltd. lifted its position in shares of ProShares Short S&P 500 by 64.4% during the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 18,500 shares of the real estate investment trust’s stock valued at $829,000 after acquiring an additional 7,250 shares during the period. Cambridge Investment Research Advisors Inc. increased its stake in ProShares Short S&P 500 by 11.7% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 32,203 shares of the real estate investment trust’s stock valued at $1,435,000 after purchasing an additional 3,365 shares in the last quarter. Oppenheimer & Co. Inc. boosted its position in shares of ProShares Short S&P 500 by 18.1% during the 1st quarter. Oppenheimer & Co. Inc. now owns 28,968 shares of the real estate investment trust’s stock worth $1,291,000 after purchasing an additional 4,437 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in shares of ProShares Short S&P 500 by 63.6% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 43,162 shares of the real estate investment trust’s stock valued at $1,923,000 after buying an additional 16,781 shares during the period. Finally, JPMorgan Chase & Co. bought a new stake in ProShares Short S&P 500 in the 4th quarter valued at about $78,000.

ProShares Short S&P 500 Price Performance

Shares of SH opened at $39.70 on Friday. ProShares Short S&P 500 has a 52 week low of $38.56 and a 52 week high of $51.37. The stock has a 50 day moving average price of $40.29 and a two-hundred day moving average price of $42.41.

About ProShares Short S&P 500

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.