U.S. Capital Wealth Advisors LLC Takes Position in ProShares Short S&P500 (NYSEARCA:SH)

U.S. Capital Wealth Advisors LLC purchased a new stake in shares of ProShares Short S&P500 (NYSEARCA:SH) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 57,175 shares of the real estate investment trust’s stock, valued at approximately $2,423,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Stableford Capital II LLC bought a new position in ProShares Short S&P500 in the fourth quarter valued at about $3,112,000. Ridgecrest Wealth Partners LLC purchased a new stake in ProShares Short S&P500 in the fourth quarter worth about $229,000. Dynamic Advisor Solutions LLC purchased a new stake in ProShares Short S&P500 in the fourth quarter worth about $407,000. Whalen Wealth Management Inc. purchased a new stake in ProShares Short S&P500 in the fourth quarter worth about $2,275,000. Finally, Sterling Investment Management LLC purchased a new stake in ProShares Short S&P500 in the fourth quarter worth about $1,812,000.

ProShares Short S&P500 Stock Performance

Shares of SH opened at $41.78 on Tuesday. The business has a 50-day simple moving average of $41.86 and a two-hundred day simple moving average of $43.47. ProShares Short S&P500 has a 52 week low of $40.84 and a 52 week high of $50.80.

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.