Wakefield Asset Management LLLP Takes Position in ProShares Short FTSE China 50 $YXI

Wakefield Asset Management LLLP purchased a new stake in shares of ProShares Short FTSE China 50 (NYSEARCA:YXI) during the 4th quarter, HoldingsChannel.com reports. The fund purchased 48,531 shares of the company’s stock, valued at approximately $989,000. Wakefield Asset Management LLLP owned approximately 0.30% of ProShares Short FTSE China 50 as of its most recent filing with the Securities & Exchange Commission.

ProShares Short FTSE China 50 Trading Up 2.3%

YXI opened at $21.56 on Friday. The business’s 50-day moving average is $21.47 and its two-hundred day moving average is $19.31. ProShares Short FTSE China 50 has a 1 year low of $18.85 and a 1 year high of $23.28.

ProShares Short FTSE China 50 Profile

ProShares Short FTSE China 50 (the Fund) is an exchange-traded fund. The Fund seeks investment results for a single day. The return of the Fund for periods longer than a single day will be the result of each day’s returns compounded over the period, which will very likely differ from the inverse (-1x) of the return of the FTSE China 50 Index (the Index) for that period. The Index is comprised of 50 of the largest and most liquid Chinese stocks listed on the Hong Kong Stock Exchange.