HighTower Advisors LLC Takes $4.66 Million Position in ProShares Short S&P 500 $SH

HighTower Advisors LLC acquired a new stake in shares of ProShares Short S&P 500 (NYSEARCA:SH) during the first quarter, HoldingsChannel.com reports. The fund acquired 104,503 shares of the real estate investment trust’s stock, valued at approximately $4,657,000.

A number of other hedge funds have also made changes to their positions in the stock. Clear Creek Financial Management LLC increased its holdings in shares of ProShares Short S&P 500 by 0.7% during the 1st quarter. Clear Creek Financial Management LLC now owns 59,243 shares of the real estate investment trust’s stock valued at $2,640,000 after acquiring an additional 433 shares during the last quarter. Blair William & Co. IL increased its holdings in shares of ProShares Short S&P 500 by 33.7% during the 1st quarter. Blair William & Co. IL now owns 1,985 shares of the real estate investment trust’s stock valued at $88,000 after acquiring an additional 500 shares during the last quarter. Golden State Wealth Management LLC increased its holdings in shares of ProShares Short S&P 500 by 100.0% during the 1st quarter. Golden State Wealth Management LLC now owns 1,478 shares of the real estate investment trust’s stock valued at $66,000 after acquiring an additional 739 shares during the last quarter. Ancora Advisors LLC boosted its stake in ProShares Short S&P 500 by 29.6% during the 4th quarter. Ancora Advisors LLC now owns 4,375 shares of the real estate investment trust’s stock valued at $185,000 after purchasing an additional 1,000 shares during the period. Finally, JPMorgan Chase & Co. bought a new stake in ProShares Short S&P 500 during the 4th quarter valued at approximately $78,000.

ProShares Short S&P 500 Stock Performance

Shares of NYSEARCA:SH opened at $38.81 on Thursday. The business has a 50 day moving average price of $39.54 and a 200 day moving average price of $42.17. ProShares Short S&P 500 has a twelve month low of $38.26 and a twelve month high of $51.37.

ProShares Short S&P 500 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.