ProShares Short S&P 500 $SH Shares Sold by First National Corp MA ADV

First National Corp MA ADV trimmed its stake in shares of ProShares Short S&P 500 (NYSEARCA:SH) by 13.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 267,087 shares of the real estate investment trust’s stock after selling 42,526 shares during the quarter. ProShares Short S&P 500 comprises 1.9% of First National Corp MA ADV’s portfolio, making the stock its 20th largest position. First National Corp MA ADV owned approximately 0.78% of ProShares Short S&P 500 worth $9,834,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also made changes to their positions in the stock. Aviance Capital Partners LLC purchased a new stake in shares of ProShares Short S&P 500 in the second quarter worth approximately $486,000. Client First Investment Management LLC bought a new stake in shares of ProShares Short S&P 500 during the 3rd quarter worth $1,827,000. Ballew Advisors Inc bought a new stake in ProShares Short S&P 500 during the third quarter valued at about $1,121,000. Allworth Financial LP boosted its stake in ProShares Short S&P 500 by 384.4% during the 2nd 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 period. Finally, Bank of Montreal Can grew its stake in shares of ProShares Short S&P 500 by 1,232.6% in the second quarter. Bank of Montreal Can now owns 8,049 shares of the real estate investment trust’s stock worth $319,000 after acquiring an additional 7,445 shares during the last quarter.

ProShares Short S&P 500 Stock Up 0.5%

Shares of SH stock opened at $35.66 on Thursday. ProShares Short S&P 500 has a one year low of $35.36 and a one year high of $51.37. The stock has a fifty day moving average price of $36.36 and a 200 day moving average price of $37.48.

ProShares Short S&P 500 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. 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.