J. Safra Sarasin Holding AG lifted its position in shares of ProShares Short S&P 500 (NYSEARCA:SH – Free Report) by 385.2% during the second quarter, Holdings Channel reports. The institutional investor owned 25,181 shares of the real estate investment trust’s stock after purchasing an additional 19,991 shares during the period. J. Safra Sarasin Holding AG’s holdings in ProShares Short S&P 500 were worth $999,000 at the end of the most recent reporting period.
Other large investors also recently modified their holdings of the company. Wealth Enhancement Advisory Services LLC purchased a new stake in ProShares Short S&P 500 in the 4th quarter worth $1,118,000. Intellectus Partners LLC purchased a new stake in ProShares Short S&P 500 in the 1st quarter worth $222,000. Integrated Advisors Network LLC purchased a new stake in ProShares Short S&P 500 in the 1st quarter worth $726,000. Kaydan Wealth Management Inc. purchased a new stake in ProShares Short S&P 500 in the 1st quarter worth $6,783,000. Finally, Stableford Capital II LLC lifted its stake in ProShares Short S&P 500 by 147.6% in the 1st quarter. Stableford Capital II LLC now owns 181,794 shares of the real estate investment trust’s stock worth $8,499,000 after purchasing an additional 108,369 shares in the last quarter.
ProShares Short S&P 500 Trading Up 0.1%
Shares of SH stock opened at $36.83 on Friday. ProShares Short S&P 500 has a 52 week low of $36.63 and a 52 week high of $51.37. The company’s fifty day simple moving average is $38.21 and its two-hundred day simple moving average is $41.11.
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.
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Want to see what other hedge funds are holding SH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ProShares Short S&P 500 (NYSEARCA:SH – Free Report).
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