ProShares Short S&P500 (NYSEARCA:SH) Shares Sold by Brown Brothers Harriman & Co.

Brown Brothers Harriman & Co. trimmed its position in ProShares Short S&P500 (NYSEARCA:SH) by 75.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 7,500 shares of the real estate investment trust’s stock after selling 22,500 shares during the period. Brown Brothers Harriman & Co.’s holdings in ProShares Short S&P500 were worth $318,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Golden State Wealth Management LLC purchased a new stake in shares of ProShares Short S&P500 in the 4th quarter valued at $31,000. JPMorgan Chase & Co. purchased a new stake in ProShares Short S&P500 in the fourth quarter valued at $78,000. Sanctuary Advisors LLC acquired a new stake in ProShares Short S&P500 during the 3rd quarter worth about $111,000. Captrust Financial Advisors raised its stake in shares of ProShares Short S&P500 by 5.8% during the 3rd quarter. Captrust Financial Advisors now owns 16,288 shares of the real estate investment trust’s stock valued at $177,000 after buying an additional 889 shares during the last quarter. Finally, Ridgecrest Wealth Partners LLC acquired a new position in shares of ProShares Short S&P500 in the 4th quarter valued at about $229,000.

ProShares Short S&P500 Stock Down 0.6 %

ProShares Short S&P500 stock opened at $44.56 on Tuesday. The business’s 50-day moving average price is $42.61 and its 200 day moving average price is $42.67. ProShares Short S&P500 has a 52 week low of $40.84 and a 52 week high of $50.48.

ProShares Short S&P500 Cuts Dividend

The company also recently announced a dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Wednesday, March 26th will be issued a dividend of $0.3115 per share. The ex-dividend date of this dividend is Wednesday, March 26th.

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.