J. Safra Sarasin Holding AG Acquires 45,246 Shares of ProShares Short S&P 500 $SH

J. Safra Sarasin Holding AG raised its stake in shares of ProShares Short S&P 500 (NYSEARCA:SH) by 296.4% in the first quarter, according to its most recent 13F filing with the SEC. The fund owned 60,510 shares of the real estate investment trust’s stock after purchasing an additional 45,246 shares during the period. J. Safra Sarasin Holding AG owned approximately 0.18% of ProShares Short S&P 500 worth $2,295,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Stack Financial Management Inc purchased a new stake in shares of ProShares Short S&P 500 in the fourth quarter worth approximately $90,286,000. UBS Group AG grew its holdings in ProShares Short S&P 500 by 167.7% during the third quarter. UBS Group AG now owns 1,639,335 shares of the real estate investment trust’s stock worth $60,590,000 after buying an additional 1,026,917 shares in the last quarter. Stratos Wealth Advisors LLC bought a new stake in ProShares Short S&P 500 during the fourth quarter worth $17,698,000. Arlington Capital Management Inc. purchased a new stake in ProShares Short S&P 500 in the 3rd quarter valued at $12,257,000. Finally, Boothbay Fund Management LLC purchased a new stake in ProShares Short S&P 500 in the 3rd quarter valued at $6,125,000.

ProShares Short S&P 500 Stock Performance

Shares of NYSEARCA:SH opened at $32.97 on Tuesday. The stock’s fifty day simple moving average is $33.35 and its two-hundred day simple moving average is $35.17. ProShares Short S&P 500 has a 1-year low of $32.70 and a 1-year high of $39.85.

ProShares Short S&P 500 Company 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.