Mirae Asset Global Investments Co. Ltd. lowered its stake in shares of ProShares Short S&P 500 (NYSEARCA:SH – Free Report) by 27.0% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 13,500 shares of the real estate investment trust’s stock after selling 5,000 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in ProShares Short S&P 500 were worth $536,000 as of its most recent filing with the SEC.
Several other institutional investors also recently added to or reduced their stakes in the stock. Farther Finance Advisors LLC bought a new position in ProShares Short S&P 500 during the second quarter worth about $38,000. Golden State Wealth Management LLC boosted its position in ProShares Short S&P 500 by 100.0% during the first quarter. Golden State Wealth Management LLC now owns 1,478 shares of the real estate investment trust’s stock worth $66,000 after purchasing an additional 739 shares during the period. Oliver Lagore Vanvalin Investment Group bought a new position in ProShares Short S&P 500 during the second quarter worth about $69,000. Blair William & Co. IL boosted its position in ProShares Short S&P 500 by 33.7% during the first quarter. Blair William & Co. IL now owns 1,985 shares of the real estate investment trust’s stock worth $88,000 after purchasing an additional 500 shares during the period. Finally, ST Germain D J Co. Inc. bought a new position in ProShares Short S&P 500 during the second quarter worth about $109,000.
ProShares Short S&P 500 Trading Up 2.7%
Shares of NYSEARCA:SH opened at $37.75 on Friday. ProShares Short S&P 500 has a twelve month low of $36.59 and a twelve month high of $51.37. The company has a 50-day moving average price of $38.00 and a two-hundred day moving average price of $40.89.
ProShares Short S&P 500 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.
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Want to see what other hedge funds are holding SH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ProShares Short S&P 500 (NYSEARCA:SH – Free Report).
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