Sepio Capital LP Sells 21,000 Shares of ProShares Short S&P500 (NYSEARCA:SH)

Sepio Capital LP reduced its stake in ProShares Short S&P500 (NYSEARCA:SH) by 75.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,000 shares of the real estate investment trust’s stock after selling 21,000 shares during the period. Sepio Capital LP’s holdings in ProShares Short S&P500 were worth $297,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the stock. Arete Wealth Advisors LLC purchased a new position in ProShares Short S&P500 during the third quarter valued at $10,007,000. Wakefield Asset Management LLLP boosted its stake 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 worth $8,817,000 after acquiring an additional 81,033 shares in the last quarter. Stratos Wealth Advisors LLC purchased a new stake in ProShares Short S&P500 in the fourth quarter worth about $8,319,000. Integrated Wealth Concepts LLC bought a new position in shares of ProShares Short S&P500 during the third quarter valued at approximately $1,710,000. Finally, Virtue Capital Management LLC lifted its holdings in shares of ProShares Short S&P500 by 172.6% during the third quarter. Virtue Capital Management LLC now owns 113,206 shares of the real estate investment trust’s stock valued at $1,228,000 after purchasing an additional 71,672 shares during the last quarter.

ProShares Short S&P500 Stock Performance

ProShares Short S&P500 stock opened at $49.05 on Monday. ProShares Short S&P500 has a twelve month low of $40.84 and a twelve month high of $51.24. The stock’s 50 day moving average is $43.00 and its 200 day moving average is $42.70.

ProShares Short S&P500 Cuts Dividend

The business also recently declared a dividend, which was paid on Tuesday, April 1st. Stockholders of record on Wednesday, March 26th were given a $0.3115 dividend. The ex-dividend date was Wednesday, March 26th.

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.