Wakefield Asset Management LLLP Acquires Shares of 31,248 ProShares Short Financials $SEF

Wakefield Asset Management LLLP bought a new position in ProShares Short Financials (NYSEARCA:SEF) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 31,248 shares of the company’s stock, valued at approximately $977,000. Wakefield Asset Management LLLP owned about 10.78% of ProShares Short Financials as of its most recent SEC filing.

ProShares Short Financials Stock Performance

ProShares Short Financials stock opened at $33.78 on Wednesday. ProShares Short Financials has a 12 month low of $29.77 and a 12 month high of $40.06. The stock’s 50 day simple moving average is $31.76 and its two-hundred day simple moving average is $31.75.

ProShares Short Financials Company Profile

ProShares Short Financials (the Fund) seeks daily investment results that correspond to the inverse (opposite) of the daily performance of the Dow Jones U.S. Financials Index (the Index). The Index measures the performance of the financial services economic sector of the United States equity market. Component companies include regional banks; United States-domiciled international banks; life and property and casualty insurance companies; companies that invest, directly or indirectly in real estate; diversified financial companies, such as Federal National Mortgage Association (Fannie Mae), credit card insurers, check cashing companies, mortgage lenders and investment advisers; securities brokers and dealers, including investment banks, merchant banks and online brokers, and publicly traded stock exchanges.