Brasada Capital Management LP Decreases Stake in ProShares Short S&P 500 $SH

Brasada Capital Management LP lowered its position in shares of ProShares Short S&P 500 (NYSEARCA:SH) by 25.8% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 50,743 shares of the real estate investment trust’s stock after selling 17,672 shares during the quarter. Brasada Capital Management LP’s holdings in ProShares Short S&P 500 were worth $1,826,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the company. Kestra Advisory Services LLC purchased a new stake in shares of ProShares Short S&P 500 during the 4th quarter worth about $127,000. Group One Trading LLC boosted its holdings in ProShares Short S&P 500 by 342.3% in the 4th quarter. Group One Trading LLC now owns 17,257 shares of the real estate investment trust’s stock worth $622,000 after acquiring an additional 13,355 shares during the period. Capital Wealth Planning LLC boosted its holdings in ProShares Short S&P 500 by 7.4% in the 4th quarter. Capital Wealth Planning LLC now owns 79,001 shares of the real estate investment trust’s stock worth $2,846,000 after acquiring an additional 5,418 shares during the period. Easterly Investment Partners LLC purchased a new position in ProShares Short S&P 500 in the 4th quarter worth approximately $252,000. Finally, Northwestern Mutual Wealth Management Co. purchased a new position in ProShares Short S&P 500 in the 4th quarter worth approximately $55,000.

ProShares Short S&P 500 Stock Performance

NYSEARCA SH opened at $33.57 on Friday. ProShares Short S&P 500 has a fifty-two week low of $32.71 and a fifty-two week high of $41.80. The business has a 50 day moving average price of $34.38 and a two-hundred day moving average price of $35.66.

ProShares Short S&P 500 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.