31,248 Shares in ProShares Short Financials $SEF Acquired by Wakefield Asset Management LLLP

Wakefield Asset Management LLLP acquired a new stake in ProShares Short Financials (NYSEARCA:SEF) during the third quarter, Holdings Channel reports. The fund acquired 31,248 shares of the company’s stock, valued at approximately $977,000. Wakefield Asset Management LLLP owned 0.11% of ProShares Short Financials at the end of the most recent quarter.

ProShares Short Financials Trading Up 0.4%

Shares of NYSEARCA SEF opened at $33.78 on Wednesday. The firm has a 50-day simple moving average of $31.76 and a 200-day simple moving average of $31.75. ProShares Short Financials has a 52 week low of $29.77 and a 52 week high of $40.06.

ProShares Short Financials Profile

ProShares Short Financials (the Fund) seeks daily investment results that correspond to the inverse (opposite) of the daily performance of the Dow Jones U.S. Financials Index (the Index). The Index measures the performance of the financial services economic sector of the United States equity market. Component companies include regional banks; United States-domiciled international banks; life and property and casualty insurance companies; companies that invest, directly or indirectly in real estate; diversified financial companies, such as Federal National Mortgage Association (Fannie Mae), credit card insurers, check cashing companies, mortgage lenders and investment advisers; securities brokers and dealers, including investment banks, merchant banks and online brokers, and publicly traded stock exchanges.