First National Corp MA ADV Trims Stock Holdings in ProShares Short S&P500 (NYSEARCA:SH)

First National Corp MA ADV decreased its holdings in ProShares Short S&P500 (NYSEARCA:SH) by 68.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 493,255 shares of the real estate investment trust’s stock after selling 1,070,106 shares during the period. ProShares Short S&P500 accounts for approximately 4.7% of First National Corp MA ADV’s holdings, making the stock its 4th biggest holding. First National Corp MA ADV’s holdings in ProShares Short S&P500 were worth $20,904,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Golden State Wealth Management LLC bought a new stake in shares of ProShares Short S&P500 in the 4th quarter worth about $31,000. Captrust Financial Advisors raised its position in ProShares Short S&P500 by 5.8% in the 3rd quarter. Captrust Financial Advisors now owns 16,288 shares of the real estate investment trust’s stock worth $177,000 after purchasing an additional 889 shares during the period. Sugar Maple Asset Management LLC lifted its stake in ProShares Short S&P500 by 2.6% in the third quarter. Sugar Maple Asset Management LLC now owns 82,779 shares of the real estate investment trust’s stock worth $898,000 after purchasing an additional 2,070 shares during the last quarter. Aptus Capital Advisors LLC purchased a new position in shares of ProShares Short S&P500 during the third quarter valued at approximately $33,000. Finally, Nvwm LLC bought a new position in shares of ProShares Short S&P500 during the third quarter valued at approximately $46,000.

ProShares Short S&P500 Trading Up 1.0 %

Shares of NYSEARCA SH opened at $41.62 on Monday. The business’s 50 day moving average price is $41.82 and its 200-day moving average price is $43.36. ProShares Short S&P500 has a fifty-two week low of $40.84 and a fifty-two week high of $50.80.

ProShares Short S&P500 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.