ProShares Short S&P500 (NYSEARCA:SH) Shares Sold by Arete Wealth Advisors LLC

Arete Wealth Advisors LLC lessened its position in ProShares Short S&P500 (NYSEARCA:SH) by 75.5% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 225,517 shares of the real estate investment trust’s stock after selling 696,768 shares during the period. ProShares Short S&P500 makes up 0.7% of Arete Wealth Advisors LLC’s investment portfolio, making the stock its 29th largest holding. Arete Wealth Advisors LLC owned 0.29% of ProShares Short S&P500 worth $9,557,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in SH. Headlands Technologies LLC lifted its holdings in shares of ProShares Short S&P500 by 239.8% in the 4th quarter. Headlands Technologies LLC now owns 44,953 shares of the real estate investment trust’s stock valued at $1,905,000 after buying an additional 31,723 shares during the period. JPMorgan Chase & Co. acquired a new stake in ProShares Short S&P500 in the fourth quarter valued at $78,000. Wakefield Asset Management LLLP boosted its position in shares of ProShares Short S&P500 by 63.8% during the 4th quarter. Wakefield Asset Management LLLP now owns 208,043 shares of the real estate investment trust’s stock worth $8,817,000 after purchasing an additional 81,033 shares in the last quarter. One Plus One Wealth Management LLC grew its stake in shares of ProShares Short S&P500 by 5.4% during the 4th quarter. One Plus One Wealth Management LLC now owns 105,547 shares of the real estate investment trust’s stock worth $4,473,000 after purchasing an additional 5,366 shares during the period. Finally, Golden State Wealth Management LLC purchased a new position in shares of ProShares Short S&P500 in the 4th quarter valued at about $31,000.

ProShares Short S&P500 Price Performance

SH stock opened at $44.14 on Thursday. The company’s 50-day moving average price is $42.74 and its 200 day moving average price is $42.68. ProShares Short S&P500 has a 52 week low of $40.84 and a 52 week high of $50.48.

ProShares Short S&P500 Cuts Dividend

The company also recently declared a dividend, which was paid on Tuesday, April 1st. Stockholders of record on Wednesday, March 26th were paid a dividend of $0.3115 per share. The ex-dividend date was Wednesday, March 26th.

About ProShares Short S&P500

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.