Elevated Capital Advisors LLC Purchases 8,107 Shares of ProShares Short High Yield (NYSEARCA:SJB)

Elevated Capital Advisors LLC boosted its holdings in shares of ProShares Short High Yield (NYSEARCA:SJB) by 29.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 35,274 shares of the company’s stock after purchasing an additional 8,107 shares during the period. Elevated Capital Advisors LLC owned about 0.64% of ProShares Short High Yield worth $570,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of SJB. Mid American Wealth Advisory Group Inc. lifted its position in shares of ProShares Short High Yield by 69.8% during the 3rd quarter. Mid American Wealth Advisory Group Inc. now owns 46,777 shares of the company’s stock worth $757,000 after buying an additional 19,221 shares during the last quarter. Lloyd Advisory Services LLC. raised its stake in ProShares Short High Yield by 4.4% during the third quarter. Lloyd Advisory Services LLC. now owns 98,952 shares of the company’s stock worth $1,602,000 after acquiring an additional 4,168 shares in the last quarter. AE Wealth Management LLC lifted its holdings in shares of ProShares Short High Yield by 6.6% in the second quarter. AE Wealth Management LLC now owns 274,969 shares of the company’s stock worth $4,658,000 after acquiring an additional 17,076 shares during the last quarter. Finally, Solstein Capital LLC acquired a new stake in shares of ProShares Short High Yield in the 3rd quarter valued at approximately $5,073,000.

ProShares Short High Yield Trading Up 0.1 %

SJB stock opened at $16.22 on Tuesday. The company has a 50 day simple moving average of $16.27 and a 200 day simple moving average of $16.47. ProShares Short High Yield has a 1 year low of $16.03 and a 1 year high of $17.53.

ProShares Short High Yield Profile

The Proshares Short High Yield (SJB) is an exchange-traded fund that is based on the iBoxx USD Liquid High Yield index. The fund provides inverse exposure, reset daily, to a modified market-value-weighted index comprising US-dollar-denominated corporate high-yield bonds with maturities between 3 and 15 years.