Foundations Investment Advisors LLC Sells 18,378 Shares of ProShares Short S&P500 (NYSEARCA:SH)

Foundations Investment Advisors LLC lessened its stake in ProShares Short S&P500 (NYSEARCA:SH) by 78.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,175 shares of the real estate investment trust’s stock after selling 18,378 shares during the quarter. Foundations Investment Advisors LLC’s holdings in ProShares Short S&P500 were worth $219,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of SH. Aptus Capital Advisors LLC bought a new position in shares of ProShares Short S&P500 during the 3rd quarter worth approximately $33,000. Nvwm LLC purchased a new position in ProShares Short S&P500 in the third quarter worth $46,000. Larson Financial Group LLC grew its stake in ProShares Short S&P500 by 415.8% in the 3rd quarter. Larson Financial Group LLC now owns 5,617 shares of the real estate investment trust’s stock valued at $61,000 after purchasing an additional 4,528 shares during the period. Sanctuary Advisors LLC bought a new stake in shares of ProShares Short S&P500 during the 3rd quarter worth $111,000. Finally, RW Investment Management LLC purchased a new position in shares of ProShares Short S&P500 in the 3rd quarter worth about $124,000.

ProShares Short S&P500 Price Performance

NYSEARCA:SH opened at $41.49 on Friday. ProShares Short S&P500 has a 1 year low of $40.84 and a 1 year high of $51.48. The business has a fifty day simple moving average of $41.87 and a two-hundred day simple moving average of $43.51.

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.