B. Riley Wealth Advisors Inc. Sells 473,499 Shares of ProShares Short S&P500 (NYSEARCA:SH)

B. Riley Wealth Advisors Inc. lowered its stake in ProShares Short S&P500 (NYSEARCA:SH) by 43.1% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 624,511 shares of the real estate investment trust’s stock after selling 473,499 shares during the period. B. Riley Wealth Advisors Inc. owned approximately 0.80% of ProShares Short S&P500 worth $7,249,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in SH. Transcendent Capital Group LLC bought a new position in ProShares Short S&P500 in the 4th quarter worth about $40,000. SageView Advisory Group LLC bought a new position in ProShares Short S&P500 in the 1st quarter worth about $77,000. Kornitzer Capital Management Inc. KS bought a new position in ProShares Short S&P500 in the 2nd quarter worth about $114,000. Thomasville National Bank bought a new position in ProShares Short S&P500 in the 1st quarter worth about $132,000. Finally, Town & Country Bank & Trust CO dba First Bankers Trust CO bought a new position in ProShares Short S&P500 in the 1st quarter worth about $187,000.

ProShares Short S&P500 Stock Performance

Shares of SH stock opened at $10.85 on Tuesday. The company’s 50-day simple moving average is $11.36 and its two-hundred day simple moving average is $11.67. ProShares Short S&P500 has a one year low of $10.81 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.