324,927 ProShares Short S&P 500 $SH Shares Bought by Virtue Capital Management LLC

Virtue Capital Management LLC lifted its holdings in shares of ProShares Short S&P 500 (NYSEARCA:SH) by 537.7% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 385,351 shares of the real estate investment trust’s stock after purchasing an additional 324,927 shares during the period. ProShares Short S&P 500 accounts for about 1.6% of Virtue Capital Management LLC’s portfolio, making the stock its 13th biggest position. Virtue Capital Management LLC owned 1.31% of ProShares Short S&P 500 worth $12,485,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the business. Three Seasons Wealth LLC bought a new stake in ProShares Short S&P 500 in the first quarter worth approximately $20,507,000. Arete Wealth Advisors LLC acquired a new stake in shares of ProShares Short S&P 500 during the 1st quarter worth approximately $10,853,000. Arkadios Wealth Advisors acquired a new stake in shares of ProShares Short S&P 500 during the 1st quarter worth approximately $10,769,000. First Pacific Financial bought a new stake in shares of ProShares Short S&P 500 in the 3rd quarter valued at $10,243,000. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new stake in shares of ProShares Short S&P 500 in the 3rd quarter valued at $10,123,000.

ProShares Short S&P 500 Stock Performance

ProShares Short S&P 500 stock opened at $32.86 on Monday. ProShares Short S&P 500 has a 12-month low of $31.64 and a 12-month high of $39.20. The firm’s fifty day moving average is $32.34 and its 200 day moving average is $34.10.

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.