Trek Financial LLC Purchases 216,288 Shares of ProShares Short S&P 500 $SH

Trek Financial LLC acquired a new stake in shares of ProShares Short S&P 500 (NYSEARCA:SH) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 216,288 shares of the real estate investment trust’s stock, valued at approximately $7,008,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Ascentis Independent Advisors purchased a new stake in shares of ProShares Short S&P 500 during the first quarter valued at about $67,000. Nvwm LLC grew its stake in ProShares Short S&P 500 by 50.0% during the 3rd quarter. Nvwm LLC now owns 3,000 shares of the real estate investment trust’s stock worth $97,000 after buying an additional 1,000 shares during the last quarter. Ramsey Quantitative Systems purchased a new stake in shares of ProShares Short S&P 500 during the second quarter worth about $158,000. EverSource Wealth Advisors LLC grew its position in ProShares Short S&P 500 by 3,040.1% during the 1st quarter. EverSource Wealth Advisors LLC now owns 5,401 shares of the real estate investment trust’s stock worth $205,000 after purchasing an additional 5,229 shares during the last quarter. Finally, Modern Wealth Management LLC acquired a new position in shares of ProShares Short S&P 500 in the 1st quarter valued at $211,000.

ProShares Short S&P 500 Stock Performance

Shares of NYSEARCA:SH opened at $32.86 on Monday. ProShares Short S&P 500 has a 52-week low of $31.64 and a 52-week high of $39.20. The business has a 50-day moving average price of $32.34 and a 200-day moving average price of $34.10.

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.