Larson Financial Group LLC Acquires Shares of 2,832 ProShares Short High Yield (NYSEARCA:SJB)

Larson Financial Group LLC acquired a new stake in shares of ProShares Short High Yield (NYSEARCA:SJB) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 2,832 shares of the company’s stock, valued at approximately $49,000.

Other large investors have also recently added to or reduced their stakes in the company. International Assets Investment Management LLC bought a new position in ProShares Short High Yield during the 4th quarter valued at $74,000. Stratos Wealth Advisors LLC bought a new position in shares of ProShares Short High Yield in the 3rd quarter worth about $184,000. First Heartland Consultants Inc. lifted its position in shares of ProShares Short High Yield by 6.3% in the 3rd quarter. First Heartland Consultants Inc. now owns 27,064 shares of the company’s stock worth $499,000 after buying an additional 1,608 shares during the last quarter. Mutual Advisors LLC lifted its position in shares of ProShares Short High Yield by 30.4% in the 3rd quarter. Mutual Advisors LLC now owns 27,477 shares of the company’s stock worth $507,000 after buying an additional 6,400 shares during the last quarter. Finally, Samalin Investment Counsel LLC lifted its position in shares of ProShares Short High Yield by 3.6% in the 3rd quarter. Samalin Investment Counsel LLC now owns 33,558 shares of the company’s stock worth $619,000 after buying an additional 1,168 shares during the last quarter.

ProShares Short High Yield Stock Performance

ProShares Short High Yield stock opened at $17.38 on Friday. The firm’s 50-day moving average is $17.28 and its 200-day moving average is $17.63. ProShares Short High Yield has a 1 year low of $17.00 and a 1 year high of $18.96.

ProShares Short High Yield Profile

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.