ProShares Short S&P500 (NYSEARCA:SH – Get Free Report) saw unusually-strong trading volume on Friday . Approximately 11,786,155 shares changed hands during mid-day trading, an increase of 126% from the previous session’s volume of 5,218,242 shares.The stock last traded at $43.80 and had previously closed at $43.81.
ProShares Short S&P500 Trading Down 0.3 %
The business’s fifty day simple moving average is $41.86 and its 200-day simple moving average is $42.80.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently modified their holdings of the company. U.S. Capital Wealth Advisors LLC bought a new position in shares of ProShares Short S&P500 in the 4th quarter valued at about $2,423,000. Wakefield Asset Management LLLP raised its position in ProShares Short S&P500 by 63.8% during the fourth quarter. Wakefield Asset Management LLLP now owns 208,043 shares of the real estate investment trust’s stock valued at $8,817,000 after purchasing an additional 81,033 shares during the period. One Plus One Wealth Management LLC lifted its stake in shares of ProShares Short S&P500 by 5.4% in the 4th quarter. One Plus One Wealth Management LLC now owns 105,547 shares of the real estate investment trust’s stock valued at $4,473,000 after purchasing an additional 5,366 shares during the last quarter. Ridgecrest Wealth Partners LLC purchased a new position in shares of ProShares Short S&P500 in the 4th quarter worth approximately $229,000. Finally, Stableford Capital II LLC bought a new position in shares of ProShares Short S&P500 during the 4th quarter valued at approximately $3,112,000.
About ProShares Short S&P500
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.
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