IMC Chicago LLC Decreases Stock Holdings in ProShares Short S&P 500 $SH

IMC Chicago LLC trimmed its position in shares of ProShares Short S&P 500 (NYSEARCA:SH) by 56.9% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 25,174 shares of the real estate investment trust’s stock after selling 33,180 shares during the period. IMC Chicago LLC’s holdings in ProShares Short S&P 500 were worth $955,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Beckerman Institutional LLC purchased a new position in ProShares Short S&P 500 in the first quarter worth $263,000. J. Safra Sarasin Holding AG increased its position in shares of ProShares Short S&P 500 by 296.4% during the first quarter. J. Safra Sarasin Holding AG now owns 60,510 shares of the real estate investment trust’s stock worth $2,295,000 after purchasing an additional 45,246 shares in the last quarter. Integrated Advisors Network LLC lifted its holdings in shares of ProShares Short S&P 500 by 46.8% during the 1st quarter. Integrated Advisors Network LLC now owns 28,392 shares of the real estate investment trust’s stock valued at $1,077,000 after purchasing an additional 9,050 shares during the last quarter. Ascentis Independent Advisors purchased a new stake in shares of ProShares Short S&P 500 during the 1st quarter valued at $67,000. Finally, Canal Capital Management LLC acquired a new stake in shares of ProShares Short S&P 500 in the 1st quarter worth $2,634,000.

ProShares Short S&P 500 Price Performance

ProShares Short S&P 500 stock opened at $32.74 on Thursday. ProShares Short S&P 500 has a 1-year low of $32.70 and a 1-year high of $39.85. The business has a fifty day moving average price of $33.30 and a 200-day moving average price of $35.13.

About ProShares Short S&P 500

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. The Fund intends to invest at least 80% of its net assets, including any borrowings for investment purposes, to investments that, in combination, have economic characteristics that are inverse to those of the Index.