IMC Chicago LLC Buys Shares of 58,354 ProShares Short S&P 500 $SH

IMC Chicago LLC purchased a new position in shares of ProShares Short S&P 500 (NYSEARCA:SH) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 58,354 shares of the real estate investment trust’s stock, valued at approximately $2,102,000. IMC Chicago LLC owned 0.20% of ProShares Short S&P 500 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Nvwm LLC acquired a new position in shares of ProShares Short S&P 500 during the fourth quarter valued at $36,000. WFA of San Diego LLC acquired a new stake in ProShares Short S&P 500 in the second quarter worth about $36,000. Atlantic Union Bankshares Corp bought a new position in ProShares Short S&P 500 in the 3rd quarter valued at about $42,000. Raymond James Financial Inc. bought a new position in ProShares Short S&P 500 in the 2nd quarter valued at about $77,000. Finally, Group One Trading LLC increased its stake in ProShares Short S&P 500 by 805.3% during the 3rd quarter. Group One Trading LLC now owns 3,902 shares of the real estate investment trust’s stock valued at $144,000 after buying an additional 3,471 shares during the period.

ProShares Short S&P 500 Stock Performance

SH stock opened at $34.36 on Friday. ProShares Short S&P 500 has a 52 week low of $34.16 and a 52 week high of $44.29. The firm’s 50-day moving average is $36.48 and its two-hundred day moving average is $36.34.

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.