Wedbush Securities Inc. Purchases New Shares in ProShares Short S&P500 (NYSEARCA:SH)

Wedbush Securities Inc. acquired a new position in ProShares Short S&P500 (NYSEARCA:SHFree Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 37,325 shares of the real estate investment trust’s stock, valued at approximately $1,582,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Golden State Wealth Management LLC purchased a new position in shares of ProShares Short S&P500 in the 4th quarter worth approximately $31,000. JPMorgan Chase & Co. purchased a new position in ProShares Short S&P500 during the fourth quarter worth $78,000. Ridgecrest Wealth Partners LLC bought a new position in ProShares Short S&P500 during the fourth quarter valued at $229,000. HCR Wealth Advisors purchased a new stake in shares of ProShares Short S&P500 in the fourth quarter valued at $284,000. Finally, Dynamic Advisor Solutions LLC bought a new stake in shares of ProShares Short S&P500 in the 4th quarter worth about $407,000.

ProShares Short S&P500 Trading Up 6.1 %

Shares of NYSEARCA:SH opened at $49.05 on Friday. ProShares Short S&P500 has a 12 month low of $40.84 and a 12 month high of $50.48. The firm’s 50-day moving average is $43.00 and its 200 day moving average is $42.72.

ProShares Short S&P500 Cuts Dividend

The firm also recently announced a dividend, which was paid on Tuesday, April 1st. Stockholders of record on Wednesday, March 26th were paid a dividend of $0.3115 per share. The ex-dividend date was Wednesday, March 26th.

About ProShares Short S&P500

(Free Report)

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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Institutional Ownership by Quarter for ProShares Short S&P500 (NYSEARCA:SH)

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