TRUE Private Wealth Advisors Invests $272,000 in ProShares Short S&P500 (NYSEARCA:SH)

TRUE Private Wealth Advisors acquired a new position in shares of ProShares Short S&P500 (NYSEARCA:SH) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 17,714 shares of the real estate investment trust’s stock, valued at approximately $272,000.

Several other institutional investors and hedge funds have also modified their holdings of the company. New York State Common Retirement Fund acquired a new stake in ProShares Short S&P500 during the second quarter worth approximately $14,400,000. Kessler Investment Group LLC acquired a new stake in ProShares Short S&P500 during the first quarter worth approximately $8,687,000. Robinson Value Management Ltd. acquired a new stake in ProShares Short S&P500 during the second quarter worth approximately $7,847,000. HighTower Advisors LLC boosted its position in ProShares Short S&P500 by 787.5% during the first quarter. HighTower Advisors LLC now owns 469,043 shares of the real estate investment trust’s stock worth $7,860,000 after acquiring an additional 416,195 shares during the last quarter. Finally, HRT Financial LP acquired a new stake in ProShares Short S&P500 during the first quarter worth approximately $6,224,000.

Shares of SH traded down $0.03 during mid-day trading on Wednesday, reaching $14.75. The company had a trading volume of 72,329 shares, compared to its average volume of 8,604,784. The firm has a fifty day simple moving average of $14.87 and a 200-day simple moving average of $15.70. ProShares Short S&P500 has a fifty-two week low of $14.47 and a fifty-two week high of $21.31.

ProShares Short S&P500 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.

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Institutional Ownership by Quarter for ProShares Short S&P500 (NYSEARCA:SH)

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