Stratos Wealth Partners LTD. Invests $904,000 in ProShares Short S&P 500 $SH

Stratos Wealth Partners LTD. bought a new position in shares of ProShares Short S&P 500 (NYSEARCA:SH) in the 2nd quarter, HoldingsChannel.com reports. The institutional investor bought 22,794 shares of the real estate investment trust’s stock, valued at approximately $904,000.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Stack Financial Management Inc bought a new stake in shares of ProShares Short S&P 500 during the first quarter worth $55,636,000. Focus Partners Wealth raised its holdings in shares of ProShares Short S&P 500 by 2.1% in the first quarter. Focus Partners Wealth now owns 395,129 shares of the real estate investment trust’s stock valued at $17,607,000 after acquiring an additional 7,952 shares in the last quarter. Stratos Wealth Advisors LLC raised its holdings in shares of ProShares Short S&P 500 by 93.2% in the first quarter. Stratos Wealth Advisors LLC now owns 379,232 shares of the real estate investment trust’s stock valued at $16,899,000 after acquiring an additional 182,938 shares in the last quarter. Arete Wealth Advisors LLC raised its holdings in shares of ProShares Short S&P 500 by 14.9% in the first quarter. Arete Wealth Advisors LLC now owns 259,155 shares of the real estate investment trust’s stock valued at $11,548,000 after acquiring an additional 33,638 shares in the last quarter. Finally, Axxcess Wealth Management LLC raised its holdings in shares of ProShares Short S&P 500 by 24.7% in the second quarter. Axxcess Wealth Management LLC now owns 248,200 shares of the real estate investment trust’s stock valued at $9,849,000 after acquiring an additional 49,099 shares in the last quarter.

ProShares Short S&P 500 Stock Performance

SH stock opened at $36.98 on Thursday. The business has a 50-day moving average price of $37.71 and a 200 day moving average price of $40.44. ProShares Short S&P 500 has a 1-year low of $36.59 and a 1-year high of $51.37.

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.