Wedbush Securities Inc. Invests $1.58 Million in ProShares Short S&P500 (NYSEARCA:SH)

Wedbush Securities Inc. purchased a new stake in shares of ProShares Short S&P500 (NYSEARCA:SH) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 37,325 shares of the real estate investment trust’s stock, valued at approximately $1,582,000.

A number of other large investors have also recently modified their holdings of the company. Headlands Technologies LLC lifted its stake in ProShares Short S&P500 by 239.8% in the fourth quarter. Headlands Technologies LLC now owns 44,953 shares of the real estate investment trust’s stock worth $1,905,000 after acquiring an additional 31,723 shares during the period. JPMorgan Chase & Co. bought a new stake in shares of ProShares Short S&P500 in the 4th quarter valued at about $78,000. Wakefield Asset Management LLLP lifted its position in shares of ProShares Short S&P500 by 63.8% in the 4th quarter. Wakefield Asset Management LLLP now owns 208,043 shares of the real estate investment trust’s stock worth $8,817,000 after purchasing an additional 81,033 shares during the period. One Plus One Wealth Management LLC boosted its stake in shares of ProShares Short S&P500 by 5.4% during the fourth quarter. One Plus One Wealth Management LLC now owns 105,547 shares of the real estate investment trust’s stock valued at $4,473,000 after purchasing an additional 5,366 shares in the last quarter. Finally, Golden State Wealth Management LLC purchased a new position in ProShares Short S&P500 during the fourth quarter valued at approximately $31,000.

ProShares Short S&P500 Stock Performance

ProShares Short S&P500 stock opened at $49.05 on Friday. The business has a fifty day moving average of $43.00 and a two-hundred day moving average of $42.72. ProShares Short S&P500 has a twelve month low of $40.84 and a twelve month high of $50.48.

ProShares Short S&P500 Cuts Dividend

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

ProShares Short S&P500 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.