Wedbush Securities Inc. Cuts Position in ProShares Short S&P 500 $SH

Wedbush Securities Inc. reduced its stake in shares of ProShares Short S&P 500 (NYSEARCA:SH) by 77.4% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 8,782 shares of the real estate investment trust’s stock after selling 30,054 shares during the period. Wedbush Securities Inc.’s holdings in ProShares Short S&P 500 were worth $325,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in SH. Rothschild Capital Partners LLC increased its holdings in shares of ProShares Short S&P 500 by 79.1% in the 2nd quarter. Rothschild Capital Partners LLC now owns 437,736 shares of the real estate investment trust’s stock valued at $17,369,000 after purchasing an additional 193,374 shares in the last quarter. Mirador Capital Partners LP acquired a new position in ProShares Short S&P 500 during the third quarter worth about $9,286,000. Wealth Quarterback LLC purchased a new position in ProShares Short S&P 500 in the third quarter valued at about $7,886,000. CPR Investments Inc. lifted its position in shares of ProShares Short S&P 500 by 3.5% during the 3rd quarter. CPR Investments Inc. now owns 202,241 shares of the real estate investment trust’s stock valued at $7,475,000 after acquiring an additional 6,852 shares during the period. Finally, One Plus One Wealth Management LLC lifted its position in shares of ProShares Short S&P 500 by 126.0% during the 3rd quarter. One Plus One Wealth Management LLC now owns 180,740 shares of the real estate investment trust’s stock valued at $6,680,000 after acquiring an additional 100,758 shares during the period.

ProShares Short S&P 500 Price Performance

Shares of NYSEARCA:SH opened at $36.27 on Tuesday. The business’s 50 day simple moving average is $35.92 and its 200-day simple moving average is $36.91. ProShares Short S&P 500 has a 12 month low of $35.34 and a 12 month high of $51.37.

About ProShares Short S&P 500

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.