Cambridge Investment Research Advisors Inc. Raises Stock Holdings in ProShares Short S&P 500 (NYSEARCA:SH)

Cambridge Investment Research Advisors Inc. lifted its holdings in ProShares Short S&P 500 (NYSEARCA:SH) by 11.7% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 32,203 shares of the real estate investment trust’s stock after purchasing an additional 3,365 shares during the period. Cambridge Investment Research Advisors Inc.’s holdings in ProShares Short S&P 500 were worth $1,435,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of SH. Mirador Capital Partners LP raised its holdings in shares of ProShares Short S&P 500 by 85.8% in the first quarter. Mirador Capital Partners LP now owns 371,316 shares of the real estate investment trust’s stock worth $16,546,000 after buying an additional 171,418 shares during the period. Kaydan Wealth Management Inc. purchased a new stake in shares of ProShares Short S&P 500 in the first quarter worth approximately $6,783,000. Stableford Capital II LLC increased its holdings in ProShares Short S&P 500 by 147.6% during the 1st quarter. Stableford Capital II LLC now owns 181,794 shares of the real estate investment trust’s stock worth $8,499,000 after purchasing an additional 108,369 shares during the period. Beacon Pointe Advisors LLC purchased a new position in ProShares Short S&P 500 during the 4th quarter worth $3,072,000. Finally, Squarepoint Ops LLC purchased a new position in ProShares Short S&P 500 during the 4th quarter worth $2,400,000.

ProShares Short S&P 500 Stock Performance

SH opened at $39.25 on Friday. The stock’s fifty day moving average is $41.92 and its two-hundred day moving average is $42.85. ProShares Short S&P 500 has a 52 week low of $39.19 and a 52 week high of $51.37.

ProShares Short S&P 500 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.