ProShares Short S&P 500 $SH Shares Sold by Wedbush Securities Inc.

Wedbush Securities Inc. trimmed its position in shares of ProShares Short S&P 500 (NYSEARCA:SH) by 77.4% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 8,782 shares of the real estate investment trust’s stock after selling 30,054 shares during the quarter. Wedbush Securities Inc.’s holdings in ProShares Short S&P 500 were worth $325,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of SH. WFA of San Diego LLC purchased a new position in shares of ProShares Short S&P 500 in the second quarter valued at approximately $36,000. SBI Securities Co. Ltd. boosted its position in ProShares Short S&P 500 by 49.5% in the 2nd quarter. SBI Securities Co. Ltd. now owns 961 shares of the real estate investment trust’s stock valued at $38,000 after buying an additional 318 shares during the period. Atlantic Union Bankshares Corp acquired a new position in shares of ProShares Short S&P 500 in the third quarter worth $42,000. Allworth Financial LP increased its position in shares of ProShares Short S&P 500 by 384.4% during the second quarter. Allworth Financial LP now owns 1,773 shares of the real estate investment trust’s stock worth $70,000 after acquiring an additional 1,407 shares during the period. Finally, Raymond James Financial Inc. purchased a new stake in shares of ProShares Short S&P 500 during the second quarter worth $77,000.

ProShares Short S&P 500 Trading Down 0.0%

NYSEARCA:SH opened at $36.27 on Tuesday. ProShares Short S&P 500 has a 12-month low of $35.34 and a 12-month high of $51.37. The stock has a fifty day moving average price of $35.92 and a 200 day moving average price of $36.91.

ProShares Short S&P 500 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. 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.