Capital Wealth Planning LLC Buys 106,685 Shares of ProShares Short S&P500 (NYSEARCA:SH)

Capital Wealth Planning LLC increased its stake in ProShares Short S&P500 (NYSEARCA:SH) by 39.8% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 374,817 shares of the real estate investment trust’s stock after acquiring an additional 106,685 shares during the quarter. Capital Wealth Planning LLC’s holdings in ProShares Short S&P500 were worth $4,277,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of SH. InterOcean Capital Group LLC increased its stake in shares of ProShares Short S&P500 by 1.5% in the 4th quarter. InterOcean Capital Group LLC now owns 1,068,273 shares of the real estate investment trust’s stock valued at $13,877,000 after acquiring an additional 15,649 shares in the last quarter. Balboa Wealth Partners bought a new stake in shares of ProShares Short S&P500 in the 4th quarter valued at $189,000. Cambridge Investment Research Advisors Inc. increased its stake in shares of ProShares Short S&P500 by 46.2% in the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 124,971 shares of the real estate investment trust’s stock valued at $1,623,000 after acquiring an additional 39,467 shares in the last quarter. Laidlaw Wealth Management LLC bought a new stake in ProShares Short S&P500 during the 4th quarter valued at $1,020,000. Finally, Belpointe Asset Management LLC bought a new stake in ProShares Short S&P500 during the 4th quarter valued at $235,000.

ProShares Short S&P500 Stock Performance

Shares of SH stock opened at $11.22 on Monday. The firm has a fifty day simple moving average of $11.39 and a two-hundred day simple moving average of $11.76. ProShares Short S&P500 has a 12 month low of $11.03 and a 12 month high of $15.20.

About ProShares Short S&P500

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.