ProShares Short S&P 500 $SH Stake Lowered by AFG Fiduciary Services Limited Partnership

AFG Fiduciary Services Limited Partnership trimmed its stake in shares of ProShares Short S&P 500 (NYSEARCA:SH) by 42.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 75,625 shares of the real estate investment trust’s stock after selling 55,755 shares during the quarter. ProShares Short S&P 500 comprises 0.1% of AFG Fiduciary Services Limited Partnership’s portfolio, making the stock its 16th largest position. AFG Fiduciary Services Limited Partnership owned approximately 0.30% of ProShares Short S&P 500 worth $2,722,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also made changes to their positions in the company. WFA of San Diego LLC bought a new position in ProShares Short S&P 500 during the 2nd quarter worth $36,000. Atlantic Union Bankshares Corp acquired a new position in shares of ProShares Short S&P 500 during the third quarter valued at $42,000. Allworth Financial LP grew its position in shares of 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 worth $70,000 after acquiring an additional 1,407 shares during the last quarter. Raymond James Financial Inc. bought a new position in shares of ProShares Short S&P 500 during the second quarter worth about $77,000. Finally, Group One Trading LLC increased its holdings in shares of ProShares Short S&P 500 by 805.3% in the 3rd quarter. Group One Trading LLC now owns 3,902 shares of the real estate investment trust’s stock worth $144,000 after acquiring an additional 3,471 shares during the period.

ProShares Short S&P 500 Trading Up 0.3%

Shares of NYSEARCA:SH opened at $37.64 on Friday. The company’s 50-day moving average price is $36.12 and its 200 day moving average price is $36.59. ProShares Short S&P 500 has a fifty-two week low of $35.34 and a fifty-two week high of $51.37.

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.