42,988 Shares in ProShares Short S&P500 (NYSEARCA:SH) Acquired by Global Assets Advisory LLC

Global Assets Advisory LLC acquired a new position in shares of ProShares Short S&P500 (NYSEARCA:SH) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 42,988 shares of the real estate investment trust’s stock, valued at approximately $471,000. Global Assets Advisory LLC owned about 0.06% of ProShares Short S&P500 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. EWG Elevate Inc. acquired a new position in shares of ProShares Short S&P500 in the 3rd quarter valued at $13,825,000. RIA Advisory Group LLC acquired a new position in shares of ProShares Short S&P500 in the 1st quarter valued at $14,472,000. First National Corp MA ADV lifted its stake in shares of ProShares Short S&P500 by 266.2% in the 3rd quarter. First National Corp MA ADV now owns 1,563,361 shares of the real estate investment trust’s stock valued at $16,962,000 after purchasing an additional 1,136,404 shares during the last quarter. Gunderson Capital Management Inc. acquired a new position in shares of ProShares Short S&P500 in the 3rd quarter valued at $11,095,000. Finally, Robinson Value Management Ltd. acquired a new position in shares of ProShares Short S&P500 in the 3rd quarter valued at $8,766,000.

ProShares Short S&P500 Price Performance

SH opened at $10.82 on Thursday. The stock’s 50-day moving average price is $11.07 and its 200 day moving average price is $11.53. ProShares Short S&P500 has a 12-month low of $10.65 and a 12-month high of $15.20.

ProShares Short S&P500 Company 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.