159,600 Shares in ProShares Short S&P 500 $SH Bought by Chatham Capital Group Inc.

Chatham Capital Group Inc. purchased a new stake in ProShares Short S&P 500 (NYSEARCA:SH) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 159,600 shares of the real estate investment trust’s stock, valued at approximately $5,750,000. ProShares Short S&P 500 comprises about 0.8% of Chatham Capital Group Inc.’s holdings, making the stock its 29th biggest holding. Chatham Capital Group Inc. owned approximately 0.66% of ProShares Short S&P 500 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Ballew Advisors Inc grew its stake in shares of ProShares Short S&P 500 by 9.8% in the 4th quarter. Ballew Advisors Inc now owns 33,057 shares of the real estate investment trust’s stock worth $1,173,000 after acquiring an additional 2,954 shares in the last quarter. CPR Investments Inc. lifted its position in shares of ProShares Short S&P 500 by 0.3% during the fourth quarter. CPR Investments Inc. now owns 202,889 shares of the real estate investment trust’s stock valued at $7,310,000 after purchasing an additional 648 shares in the last quarter. PVG Asset Management Corp bought a new position in shares of ProShares Short S&P 500 during the third quarter valued at about $527,000. NewEdge Advisors LLC boosted its holdings in ProShares Short S&P 500 by 1,992.5% during the third quarter. NewEdge Advisors LLC now owns 137,308 shares of the real estate investment trust’s stock worth $5,075,000 after purchasing an additional 130,746 shares during the last quarter. Finally, Flow Traders U.S. LLC purchased a new position in ProShares Short S&P 500 during the third quarter worth about $876,000.

ProShares Short S&P 500 Price Performance

Shares of SH stock opened at $38.89 on Monday. ProShares Short S&P 500 has a 52-week low of $35.34 and a 52-week high of $51.37. The company has a 50-day simple moving average of $36.43 and a two-hundred day simple moving average of $36.55.

ProShares Short S&P 500 Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Wednesday, March 25th will be paid a $0.1789 dividend. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date is Wednesday, March 25th.

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. 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.