Brown Brothers Harriman & Co. lowered its stake in ProShares Short S&P500 (NYSEARCA:SH – Free Report) by 75.0% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 7,500 shares of the real estate investment trust’s stock after selling 22,500 shares during the quarter. Brown Brothers Harriman & Co.’s holdings in ProShares Short S&P500 were worth $318,000 as of its most recent filing with the SEC.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Golden State Wealth Management LLC acquired a new stake in shares of ProShares Short S&P500 in the fourth quarter worth approximately $31,000. JPMorgan Chase & Co. purchased a new position in ProShares Short S&P500 in the 4th quarter valued at $78,000. Sanctuary Advisors LLC acquired a new stake in ProShares Short S&P500 during the 3rd quarter worth $111,000. Captrust Financial Advisors grew its holdings in shares of ProShares Short S&P500 by 5.8% during the third quarter. Captrust Financial Advisors now owns 16,288 shares of the real estate investment trust’s stock worth $177,000 after buying an additional 889 shares in the last quarter. Finally, Ridgecrest Wealth Partners LLC acquired a new stake in shares of ProShares Short S&P500 in the fourth quarter valued at about $229,000.
ProShares Short S&P500 Price Performance
NYSEARCA:SH opened at $44.56 on Tuesday. ProShares Short S&P500 has a twelve month low of $40.84 and a twelve month high of $50.48. The company’s 50-day moving average price is $42.61 and its 200-day moving average price is $42.67.
ProShares Short S&P500 Cuts Dividend
ProShares Short S&P500 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.
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