ProShares Short S&P 500 $SH Shares Sold by NewEdge Advisors LLC

NewEdge Advisors LLC lowered its holdings in ProShares Short S&P 500 (NYSEARCA:SH) by 99.4% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,087 shares of the real estate investment trust’s stock after selling 167,179 shares during the period. NewEdge Advisors LLC’s holdings in ProShares Short S&P 500 were worth $41,000 at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in the stock. WFA of San Diego LLC acquired a new stake in shares of ProShares Short S&P 500 during the 2nd quarter worth approximately $36,000. Northwestern Mutual Wealth Management Co. acquired a new position in ProShares Short S&P 500 during the 4th quarter valued at approximately $55,000. Atlantic Union Bankshares Corp boosted its position in ProShares Short S&P 500 by 51.1% during the 4th quarter. Atlantic Union Bankshares Corp now owns 1,700 shares of the real estate investment trust’s stock valued at $61,000 after purchasing an additional 575 shares during the period. Ascentis Independent Advisors bought a new position in ProShares Short S&P 500 during the 1st quarter worth $67,000. Finally, Raymond James Financial Inc. bought a new position in ProShares Short S&P 500 during the 2nd quarter worth $77,000.

ProShares Short S&P 500 Stock Down 0.6%

Shares of NYSEARCA SH opened at $32.25 on Friday. ProShares Short S&P 500 has a 1-year low of $31.83 and a 1-year high of $39.20. The business’s fifty day moving average price is $32.87 and its two-hundred day moving average price is $34.47.

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.