Capital Wealth Planning LLC Trims Stake in ProShares Short S&P500 (NYSEARCA:SH)

Capital Wealth Planning LLC lowered its stake in ProShares Short S&P500 (NYSEARCA:SH) by 74.2% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 103,611 shares of the real estate investment trust’s stock after selling 298,499 shares during the quarter. Capital Wealth Planning LLC owned approximately 0.13% of ProShares Short S&P500 worth $4,391,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Marlin Sams Capital Management LLC purchased a new position in shares of ProShares Short S&P500 during the 3rd quarter worth $15,732,000. Arete Wealth Advisors LLC acquired a new stake in ProShares Short S&P500 in the 3rd quarter valued at $10,007,000. Axxcess Wealth Management LLC increased its holdings in ProShares Short S&P500 by 18.6% in the 3rd quarter. Axxcess Wealth Management LLC now owns 722,069 shares of the real estate investment trust’s stock valued at $7,834,000 after purchasing an additional 113,458 shares in the last quarter. Freedom Investment Management Inc. increased its holdings in ProShares Short S&P500 by 265.1% in the 3rd quarter. Freedom Investment Management Inc. now owns 369,746 shares of the real estate investment trust’s stock valued at $4,012,000 after purchasing an additional 268,485 shares in the last quarter. Finally, Vigilare Wealth Management acquired a new stake in ProShares Short S&P500 in the 3rd quarter valued at $3,142,000.

ProShares Short S&P500 Trading Down 1.5 %

Shares of NYSEARCA SH opened at $42.24 on Friday. ProShares Short S&P500 has a 12-month low of $40.84 and a 12-month high of $50.48. The stock has a fifty day moving average price of $41.70 and a 200 day moving average price of $42.84.

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.