Ballew Advisors Inc acquired a new stake in shares of ProShares Short S&P 500 (NYSEARCA:SH – Free Report) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 30,103 shares of the real estate investment trust’s stock, valued at approximately $1,121,000. Ballew Advisors Inc owned approximately 0.10% of ProShares Short S&P 500 as of its most recent filing with the Securities & Exchange Commission.
Other large investors have also recently added to or reduced their stakes in the company. WFA of San Diego LLC acquired a new stake in shares of ProShares Short S&P 500 during the 2nd quarter valued at $36,000. Farther Finance Advisors LLC purchased a new stake in shares of ProShares Short S&P 500 during the second quarter worth $38,000. SBI Securities Co. Ltd. raised its holdings in shares of ProShares Short S&P 500 by 49.5% during the second quarter. SBI Securities Co. Ltd. now owns 961 shares of the real estate investment trust’s stock worth $38,000 after acquiring an additional 318 shares in the last quarter. Oliver Lagore Vanvalin Investment Group acquired a new stake in ProShares Short S&P 500 during the second quarter valued at $69,000. Finally, Allworth Financial LP boosted its position in ProShares Short S&P 500 by 384.4% during the second quarter. Allworth Financial LP now owns 1,773 shares of the real estate investment trust’s stock valued at $70,000 after purchasing an additional 1,407 shares during the last quarter.
ProShares Short S&P 500 Stock Down 1.6%
Shares of SH stock opened at $35.55 on Thursday. ProShares Short S&P 500 has a fifty-two week low of $35.52 and a fifty-two week high of $51.37. The stock’s 50-day moving average is $36.63 and its two-hundred day moving average is $38.04.
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. The Fund intends to invest at least 80% of its net assets, including any borrowings for investment purposes, to investments that, in combination, have economic characteristics that are inverse to those of the Index.
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