ProShares Short High Yield (NYSEARCA:SJB) Holdings Raised by Elevated Capital Advisors LLC

Elevated Capital Advisors LLC boosted its holdings in shares of ProShares Short High Yield (NYSEARCA:SJB) by 73.0% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 27,167 shares of the company’s stock after buying an additional 11,467 shares during the period. Elevated Capital Advisors LLC’s holdings in ProShares Short High Yield were worth $440,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the business. Comerica Bank raised its position in ProShares Short High Yield by 21.6% during the first quarter. Comerica Bank now owns 5,623 shares of the company’s stock valued at $96,000 after buying an additional 1,000 shares during the period. Lloyd Advisory Services LLC. raised its position in ProShares Short High Yield by 4.4% during the third quarter. Lloyd Advisory Services LLC. now owns 98,952 shares of the company’s stock valued at $1,602,000 after buying an additional 4,168 shares during the period. Mid American Wealth Advisory Group Inc. raised its position in ProShares Short High Yield by 101.3% during the second quarter. Mid American Wealth Advisory Group Inc. now owns 27,556 shares of the company’s stock valued at $467,000 after buying an additional 13,870 shares during the period. AE Wealth Management LLC increased its position in ProShares Short High Yield by 6.6% in the 2nd quarter. AE Wealth Management LLC now owns 274,969 shares of the company’s stock worth $4,658,000 after purchasing an additional 17,076 shares during the last quarter. Finally, Great Lakes Retirement Inc. acquired a new position in ProShares Short High Yield in the 1st quarter worth about $367,000.

ProShares Short High Yield Stock Up 0.2 %

Shares of SJB stock opened at $16.41 on Thursday. ProShares Short High Yield has a fifty-two week low of $16.17 and a fifty-two week high of $18.87. The stock’s 50-day moving average is $16.44 and its two-hundred day moving average is $16.86.

ProShares Short High Yield Profile

The Proshares Short High Yield (SJB) is an exchange-traded fund that is based on the iBoxx USD Liquid High Yield index. The fund provides inverse exposure, reset daily, to a modified market-value-weighted index comprising US-dollar-denominated corporate high-yield bonds with maturities between 3 and 15 years.