ProShares Short S&P500 (NYSEARCA:SH – Get Free Report)’s share price reached a new 52-week low during trading on Friday . The company traded as low as $41.77 and last traded at $41.78, with a volume of 1007932 shares traded. The stock had previously closed at $42.05.
ProShares Short S&P500 Stock Down 0.5 %
The firm has a 50 day moving average price of $42.97 and a two-hundred day moving average price of $44.95.
Hedge Funds Weigh In On ProShares Short S&P500
Several hedge funds and other institutional investors have recently made changes to their positions in the business. Envestnet Asset Management Inc. lifted its position in ProShares Short S&P500 by 7.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 295,208 shares of the real estate investment trust’s stock worth $3,368,000 after acquiring an additional 21,540 shares in the last quarter. West Michigan Advisors LLC acquired a new stake in ProShares Short S&P500 during the 3rd quarter valued at approximately $1,202,000. Mirador Capital Partners LP raised its position in shares of ProShares Short S&P500 by 52.2% in the 3rd quarter. Mirador Capital Partners LP now owns 1,009,135 shares of the real estate investment trust’s stock valued at $10,949,000 after purchasing an additional 346,068 shares in the last quarter. Lionsbridge Wealth Management LLC acquired a new stake in shares of ProShares Short S&P500 during the second quarter worth approximately $395,000. Finally, AFG Fiduciary Services Limited Partnership bought a new stake in shares of ProShares Short S&P500 in the second quarter worth $3,860,000.
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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