Fourpath Capital Management LLC Buys 15,652 Shares of ProShares Short High Yield (NYSEARCA:SJB)

Fourpath Capital Management LLC raised its stake in ProShares Short High Yield (NYSEARCA:SJBFree Report) by 4.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 370,174 shares of the company’s stock after buying an additional 15,652 shares during the period. ProShares Short High Yield accounts for 1.1% of Fourpath Capital Management LLC’s holdings, making the stock its 25th largest holding. Fourpath Capital Management LLC owned approximately 0.07% of ProShares Short High Yield worth $5,978,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Elevated Capital Advisors LLC raised its holdings in ProShares Short High Yield by 73.0% in the 3rd quarter. Elevated Capital Advisors LLC now owns 27,167 shares of the company’s stock valued at $440,000 after buying an additional 11,467 shares during the last quarter. Lloyd Advisory Services LLC. increased its position in ProShares Short High Yield by 4.4% in the 3rd quarter. Lloyd Advisory Services LLC. now owns 98,952 shares of the company’s stock valued at $1,602,000 after acquiring an additional 4,168 shares during the period. Finally, Solstein Capital LLC bought a new position in shares of ProShares Short High Yield during the third quarter valued at $5,073,000.

ProShares Short High Yield Trading Up 0.1 %

Shares of NYSEARCA:SJB opened at $16.04 on Tuesday. ProShares Short High Yield has a 52 week low of $15.97 and a 52 week high of $17.53. The firm’s fifty day moving average is $16.18 and its 200-day moving average is $16.39.

ProShares Short High Yield Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding SJB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ProShares Short High Yield (NYSEARCA:SJBFree Report).

Institutional Ownership by Quarter for ProShares Short High Yield (NYSEARCA:SJB)

Receive News & Ratings for ProShares Short High Yield Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares Short High Yield and related companies with MarketBeat.com's FREE daily email newsletter.