First Allied Advisory Services Inc. acquired a new position in ProShares Short S&P500 (NYSEARCA:SH) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 84,864 shares of the real estate investment trust’s stock, valued at approximately $2,837,000.

Other hedge funds have also modified their holdings of the company. InterOcean Capital LLC raised its position in ProShares Short S&P500 by 36.5% during the second quarter. InterOcean Capital LLC now owns 121,921 shares of the real estate investment trust’s stock valued at $4,084,000 after purchasing an additional 32,625 shares in the last quarter. Nicholas Hoffman & Company LLC. raised its position in ProShares Short S&P500 by 7.8% during the second quarter. Nicholas Hoffman & Company LLC. now owns 68,710 shares of the real estate investment trust’s stock valued at $2,302,000 after purchasing an additional 5,000 shares in the last quarter. Virtu KCG Holdings LLC raised its position in ProShares Short S&P500 by 25.1% during the second quarter. Virtu KCG Holdings LLC now owns 47,444 shares of the real estate investment trust’s stock valued at $1,589,000 after purchasing an additional 9,534 shares in the last quarter. Advisor Group Inc. raised its position in ProShares Short S&P500 by 1,173.8% during the second quarter. Advisor Group Inc. now owns 19,515 shares of the real estate investment trust’s stock valued at $430,000 after purchasing an additional 17,983 shares in the last quarter. Finally, AlphaStar Capital Management LLC purchased a new stake in ProShares Short S&P500 during the second quarter valued at about $115,000.

ProShares Short S&P500 (SH) traded down 0.31% during midday trading on Friday, reaching $32.17. The company’s stock had a trading volume of 1,908,753 shares. ProShares Short S&P500 has a one year low of $32.14 and a one year high of $39.50. The firm has a 50 day moving average price of $32.88 and a 200 day moving average price of $33.62.

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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.

Institutional Ownership by Quarter for ProShares Short S&P500 (NYSEARCA:SH)

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