Ridgecrest Wealth Partners LLC Purchases Shares of 5,400 ProShares Short S&P500 (NYSEARCA:SH)

Ridgecrest Wealth Partners LLC acquired a new stake in ProShares Short S&P500 (NYSEARCA:SH) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 5,400 shares of the real estate investment trust’s stock, valued at approximately $229,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Aptus Capital Advisors LLC bought a new stake in ProShares Short S&P500 in the 3rd quarter valued at $33,000. Nvwm LLC acquired a new stake in shares of ProShares Short S&P500 during the third quarter worth $46,000. Larson Financial Group LLC boosted its position in shares of ProShares Short S&P500 by 415.8% in the third quarter. Larson Financial Group LLC now owns 5,617 shares of the real estate investment trust’s stock valued at $61,000 after acquiring an additional 4,528 shares during the period. Sanctuary Advisors LLC acquired a new position in shares of ProShares Short S&P500 in the third quarter valued at about $111,000. Finally, RW Investment Management LLC bought a new position in ProShares Short S&P500 during the third quarter worth about $124,000.

ProShares Short S&P500 Trading Up 0.3 %

Shares of ProShares Short S&P500 stock opened at $41.02 on Monday. ProShares Short S&P500 has a twelve month low of $40.84 and a twelve month high of $51.48. The company has a 50-day simple moving average of $41.98 and a two-hundred day simple moving average of $43.61.

ProShares Short S&P500 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.