One Plus One Wealth Management LLC Boosts Stock Holdings in ProShares Short S&P 500 $SH

One Plus One Wealth Management LLC lifted its holdings in ProShares Short S&P 500 (NYSEARCA:SH) by 126.0% during the third quarter, Holdings Channel.com reports. The institutional investor owned 180,740 shares of the real estate investment trust’s stock after acquiring an additional 100,758 shares during the quarter. ProShares Short S&P 500 comprises approximately 3.2% of One Plus One Wealth Management LLC’s holdings, making the stock its 6th biggest position. One Plus One Wealth Management LLC’s holdings in ProShares Short S&P 500 were worth $6,680,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently modified their holdings of SH. Aviance Capital Partners LLC bought a new stake in ProShares Short S&P 500 during the second quarter worth $486,000. Client First Investment Management LLC bought a new position in ProShares Short S&P 500 in the 3rd quarter valued at $1,827,000. Ballew Advisors Inc purchased a new stake in shares of ProShares Short S&P 500 during the 3rd quarter valued at $1,121,000. Allworth Financial LP increased its position in shares of ProShares Short S&P 500 by 384.4% during the 2nd quarter. Allworth Financial LP now owns 1,773 shares of the real estate investment trust’s stock valued at $70,000 after purchasing an additional 1,407 shares during the last quarter. Finally, Bank of Montreal Can raised its stake in shares of ProShares Short S&P 500 by 1,232.6% during the 2nd quarter. Bank of Montreal Can now owns 8,049 shares of the real estate investment trust’s stock worth $319,000 after purchasing an additional 7,445 shares during the period.

ProShares Short S&P 500 Price Performance

Shares of NYSEARCA:SH opened at $35.57 on Friday. The company’s 50-day moving average is $36.56 and its 200 day moving average is $37.98. ProShares Short S&P 500 has a fifty-two week low of $35.50 and a fifty-two week high of $51.37.

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. The Fund intends to invest at least 80% of its net assets, including any borrowings for investment purposes, to investments that, in combination, have economic characteristics that are inverse to those of the Index.