Balboa Wealth Partners Buys Shares of 14,525 ProShares Short S&P500 (NYSEARCA:SH)

Balboa Wealth Partners purchased a new position in shares of ProShares Short S&P500 (NYSEARCA:SH) in the 4th quarter, HoldingsChannel.com reports. The institutional investor purchased 14,525 shares of the real estate investment trust’s stock, valued at approximately $189,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Headlands Technologies LLC bought a new stake in ProShares Short S&P500 in the third quarter worth $111,000. EdgeRock Capital LLC acquired a new stake in shares of ProShares Short S&P500 in the fourth quarter worth about $97,000. Transcend Capital Advisors LLC bought a new stake in shares of ProShares Short S&P500 during the 4th quarter worth about $141,000. Rathbones Group PLC acquired a new position in shares of ProShares Short S&P500 during the 3rd quarter valued at about $159,000. Finally, Milestone Asset Management LLC bought a new position in shares of ProShares Short S&P500 in the 3rd quarter valued at approximately $165,000.

ProShares Short S&P500 Stock Down 0.6 %

ProShares Short S&P500 stock traded down $0.07 on Friday, reaching $11.87. 8,366,807 shares of the stock were exchanged, compared to its average volume of 20,237,619. The firm has a fifty day moving average price of $12.10 and a two-hundred day moving average price of $12.72. ProShares Short S&P500 has a twelve month low of $11.78 and a twelve month high of $15.20.

ProShares Short S&P500 Company 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.