Gunderson Capital Management Inc. Buys Shares of 1,022,576 ProShares Short S&P500 (NYSEARCA:SH)

Gunderson Capital Management Inc. purchased a new position in shares of ProShares Short S&P500 (NYSEARCA:SH) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 1,022,576 shares of the real estate investment trust’s stock, valued at approximately $11,095,000. ProShares Short S&P500 comprises 4.7% of Gunderson Capital Management Inc.’s investment portfolio, making the stock its 7th largest holding. Gunderson Capital Management Inc. owned about 1.31% of ProShares Short S&P500 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in the business. HTLF Bank increased its position in ProShares Short S&P500 by 16.5% in the 2nd quarter. HTLF Bank now owns 21,128 shares of the real estate investment trust’s stock valued at $241,000 after buying an additional 3,000 shares in the last quarter. Transcendent Capital Group LLC purchased a new position in shares of ProShares Short S&P500 during the fourth quarter valued at approximately $40,000. Lesa Sroufe & Co raised its holdings in shares of ProShares Short S&P500 by 2.0% in the first quarter. Lesa Sroufe & Co now owns 173,315 shares of the real estate investment trust’s stock valued at $2,056,000 after purchasing an additional 3,331 shares during the last quarter. Clear Creek Financial Management LLC lifted its position in shares of ProShares Short S&P500 by 2.2% during the 2nd quarter. Clear Creek Financial Management LLC now owns 239,411 shares of the real estate investment trust’s stock worth $2,732,000 after buying an additional 5,053 shares in the last quarter. Finally, Elkhorn Partners Limited Partnership boosted its position in ProShares Short S&P500 by 14.2% in the first quarter. Elkhorn Partners Limited Partnership now owns 43,395 shares of the real estate investment trust’s stock worth $515,000 after purchasing an additional 5,395 shares during the last quarter.

ProShares Short S&P500 Trading Down 0.5 %

Shares of NYSEARCA:SH traded down $0.05 during mid-day trading on Wednesday, reaching $10.82. The company had a trading volume of 6,777,082 shares, compared to its average volume of 24,486,883. The company’s 50-day moving average price is $11.29 and its 200-day moving average price is $11.62. ProShares Short S&P500 has a one year low of $10.81 and a one year 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.