Aviance Capital Partners LLC Invests $569,000 in ProShares Short S&P500 (NYSEARCA:SH)

Aviance Capital Partners LLC bought a new position in shares of ProShares Short S&P500 (NYSEARCA:SH) during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 48,000 shares of the real estate investment trust’s stock, valued at approximately $569,000. Aviance Capital Partners LLC owned approximately 0.06% of ProShares Short S&P500 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Citizens Financial Group Inc. RI bought a new stake in shares of ProShares Short S&P500 during the fourth quarter worth approximately $7,535,000. Bedell Frazier Investment Counselling LLC bought a new stake in shares of ProShares Short S&P500 during the fourth quarter worth approximately $1,220,000. First National Corp MA ADV raised its stake in shares of ProShares Short S&P500 by 46.7% during the fourth quarter. First National Corp MA ADV now owns 283,779 shares of the real estate investment trust’s stock worth $3,686,000 after buying an additional 90,383 shares during the last quarter. Cambridge Investment Research Advisors Inc. increased its stake in ProShares Short S&P500 by 46.2% in the fourth 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 purchasing an additional 39,467 shares in the last quarter. Finally, Quadrature Capital Ltd bought a new stake in ProShares Short S&P500 in the third quarter valued at approximately $386,000.

ProShares Short S&P500 Stock Up 0.1 %

NYSEARCA:SH traded up $0.01 during trading hours on Monday, hitting $11.42. The stock had a trading volume of 5,150,903 shares, compared to its average volume of 19,853,104. The business’s 50 day moving average is $11.90 and its 200-day moving average is $12.31. ProShares Short S&P500 has a one year low of $11.28 and a one year high of $15.20.

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.