Oliver Lagore Vanvalin Investment Group Raises Holdings in ProShares Short Real Estate (NYSEARCA:REK)

Oliver Lagore Vanvalin Investment Group lifted its holdings in shares of ProShares Short Real Estate (NYSEARCA:REK) by 600.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,750 shares of the company’s stock after buying an additional 1,500 shares during the period. Oliver Lagore Vanvalin Investment Group’s holdings in ProShares Short Real Estate were worth $32,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Morgan Stanley raised its stake in shares of ProShares Short Real Estate by 26.4% during the 4th quarter. Morgan Stanley now owns 2,613 shares of the company’s stock worth $53,000 after buying an additional 546 shares in the last quarter. JPMorgan Chase & Co. purchased a new position in shares of ProShares Short Real Estate during the 2nd quarter worth approximately $82,000. Hollencrest Capital Management purchased a new position in shares of ProShares Short Real Estate during the 3rd quarter worth approximately $134,000. Wealth Advisors of Iowa LLC purchased a new position in shares of ProShares Short Real Estate during the 3rd quarter worth approximately $219,000. Finally, Jane Street Group LLC purchased a new position in shares of ProShares Short Real Estate during the 1st quarter worth approximately $269,000.

ProShares Short Real Estate Price Performance

Shares of REK stock opened at $20.51 on Friday. The stock has a 50 day simple moving average of $19.07 and a 200-day simple moving average of $19.82. ProShares Short Real Estate has a 12-month low of $18.08 and a 12-month high of $23.37.

ProShares Short Real Estate Profile

ProShares Short Real Estate (the Fund) seeks daily investment results that correspond to the inverse (opposite) of the daily performance of the Dow Jones U.S. Real Estate Index (the Index). The Index measures the performance of the real estate sector of the United States equity market. Component companies include those that invest directly or indirectly through development, management or ownership of shopping malls, apartment buildings and housing developments; and real estate investment trusts (REITs) that invest in apartments, office and retail properties.