Choreo LLC Acquires New Holdings in ProShares Short High Yield $SJB

Choreo LLC bought a new stake in ProShares Short High Yield (NYSEARCA:SJB) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 75,126 shares of the company’s stock, valued at approximately $1,175,000. Choreo LLC owned approximately 1.33% of ProShares Short High Yield at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of SJB. Citizens Financial Group Inc. RI acquired a new stake in shares of ProShares Short High Yield during the 1st quarter valued at $2,015,000. Envestnet Asset Management Inc. bought a new position in ProShares Short High Yield in the second quarter valued at about $8,598,000. Csenge Advisory Group raised its position in ProShares Short High Yield by 11.0% in the second quarter. Csenge Advisory Group now owns 1,020,823 shares of the company’s stock valued at $16,292,000 after purchasing an additional 101,113 shares during the last quarter. Balefire LLC acquired a new stake in shares of ProShares Short High Yield during the second quarter valued at about $237,000. Finally, Simplex Trading LLC grew its holdings in shares of ProShares Short High Yield by 1,193.8% during the second quarter. Simplex Trading LLC now owns 1,669 shares of the company’s stock worth $26,000 after purchasing an additional 1,540 shares during the last quarter.

ProShares Short High Yield Price Performance

ProShares Short High Yield stock opened at $15.43 on Friday. The business has a 50 day moving average of $15.45 and a 200-day moving average of $15.63. ProShares Short High Yield has a 1 year low of $15.34 and a 1 year high of $16.95.

About ProShares Short High Yield

The Proshares Short High Yield (SJB) is an exchange-traded fund that is based on the iBoxx USD Liquid High Yield index. The fund provides inverse exposure, reset daily, to a modified market-value-weighted index comprising US-dollar-denominated corporate high-yield bonds with maturities between 3 and 15 years.