109,339 Shares in ProShares Short S&P500 (NYSEARCA:SH) Bought by West Michigan Advisors LLC

West Michigan Advisors LLC purchased a new stake in ProShares Short S&P500 (NYSEARCA:SH) in the 3rd quarter, HoldingsChannel reports. The fund purchased 109,339 shares of the real estate investment trust’s stock, valued at approximately $1,202,000.

Other institutional investors have also recently made changes to their positions in the company. SageView Advisory Group LLC bought a new stake in ProShares Short S&P500 during the 1st quarter valued at $77,000. Kornitzer Capital Management Inc. KS bought a new position in shares of ProShares Short S&P500 in the second quarter valued at approximately $114,000. Brookstone Capital Management purchased a new position in shares of ProShares Short S&P500 during the third quarter valued at approximately $145,000. Town & Country Bank & Trust CO dba First Bankers Trust CO bought a new stake in ProShares Short S&P500 during the first quarter worth $187,000. Finally, RFG Advisory LLC purchased a new stake in ProShares Short S&P500 in the 1st quarter valued at $188,000.

ProShares Short S&P500 Stock Down 0.2 %

SH opened at $10.80 on Friday. ProShares Short S&P500 has a 1 year low of $10.65 and a 1 year high of $15.20. The firm’s fifty day moving average price is $11.06 and its two-hundred day moving average price is $11.52.

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.