65,674 Shares in ProShares Short S&P 500 $SH Acquired by Verity Asset Management Inc.

Verity Asset Management Inc. purchased a new stake in shares of ProShares Short S&P 500 (NYSEARCA:SH) during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 65,674 shares of the real estate investment trust’s stock, valued at approximately $2,128,000. Verity Asset Management Inc. owned approximately 0.22% of ProShares Short S&P 500 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Three Seasons Wealth LLC bought a new position in ProShares Short S&P 500 in the first quarter worth $20,507,000. Virtue Capital Management LLC grew its position in shares of ProShares Short S&P 500 by 537.7% in the 3rd quarter. Virtue Capital Management LLC now owns 385,351 shares of the real estate investment trust’s stock worth $12,485,000 after buying an additional 324,927 shares during the period. First Pacific Financial purchased a new stake in shares of ProShares Short S&P 500 in the 3rd quarter worth about $10,243,000. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors purchased a new stake in shares of ProShares Short S&P 500 in the 3rd quarter worth about $10,123,000. Finally, Arete Wealth Advisors LLC bought a new position in shares of ProShares Short S&P 500 in the 1st quarter worth about $10,853,000.

ProShares Short S&P 500 Trading Down 1.6%

Shares of ProShares Short S&P 500 stock opened at $32.41 on Thursday. ProShares Short S&P 500 has a 1 year low of $31.64 and a 1 year high of $39.20. The company has a 50-day moving average of $32.36 and a 200 day moving average of $34.05.

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.