One Plus One Wealth Management LLC Has $3.59 Million Stock Position in ProShares Short S&P 500 (NYSEARCA:SH)

One Plus One Wealth Management LLC decreased its stake in ProShares Short S&P 500 (NYSEARCA:SH) by 23.7% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 80,568 shares of the real estate investment trust’s stock after selling 24,979 shares during the quarter. ProShares Short S&P 500 accounts for about 2.0% of One Plus One Wealth Management LLC’s investment portfolio, making the stock its 16th largest holding. One Plus One Wealth Management LLC owned 0.30% of ProShares Short S&P 500 worth $3,590,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Golden State Wealth Management LLC acquired a new stake in ProShares Short S&P 500 during the 4th quarter worth about $31,000. JPMorgan Chase & Co. acquired a new stake in ProShares Short S&P 500 during the 4th quarter worth about $78,000. Ancora Advisors LLC boosted its position in ProShares Short S&P 500 by 29.6% during the 4th quarter. Ancora Advisors LLC now owns 4,375 shares of the real estate investment trust’s stock worth $185,000 after acquiring an additional 1,000 shares during the period. Intellectus Partners LLC acquired a new stake in ProShares Short S&P 500 during the 1st quarter worth about $222,000. Finally, A. D. Beadell Investment Counsel Inc. acquired a new stake in ProShares Short S&P 500 during the 1st quarter worth about $245,000.

ProShares Short S&P 500 Stock Down 0.9%

SH opened at $41.31 on Friday. ProShares Short S&P 500 has a fifty-two week low of $40.84 and a fifty-two week high of $51.37. The business has a 50-day moving average of $44.22 and a 200-day moving average of $43.00.

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.