IFP Advisors Inc Has $418,000 Holding in ProShares Short S&P500 (SH)

IFP Advisors Inc Has $418,000 Holding in ProShares Short S&P500 (SH)

IFP Advisors Inc grew its position in ProShares Short S&P500 (NYSEARCA:SH) by 163.4% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 15,295 shares of the real estate investment trust’s stock after purchasing an additional 9,489 shares during the period. IFP Advisors Inc’s holdings in ProShares Short S&P500 were worth $418,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. CWM LLC boosted its position in shares of ProShares Short S&P500 by 48.5% during the 2nd quarter. CWM LLC now owns 555,337 shares of the real estate investment trust’s stock worth $16,288,000 after purchasing an additional 181,482 shares during the period. Peak Capital Management LLC boosted its position in shares of ProShares Short S&P500 by 4.9% during the 2nd quarter. Peak Capital Management LLC now owns 301,917 shares of the real estate investment trust’s stock worth $8,855,000 after purchasing an additional 14,043 shares during the period. Telemus Capital LLC boosted its position in shares of ProShares Short S&P500 by 5.2% during the 3rd quarter. Telemus Capital LLC now owns 253,446 shares of the real estate investment trust’s stock worth $6,924,000 after purchasing an additional 12,515 shares during the period. Wealthsource Partners LLC boosted its position in shares of ProShares Short S&P500 by 11.6% during the 2nd quarter. Wealthsource Partners LLC now owns 181,986 shares of the real estate investment trust’s stock worth $5,338,000 after purchasing an additional 18,891 shares during the period. Finally, Menlo Advisors LLC purchased a new position in shares of ProShares Short S&P500 during the 2nd quarter worth approximately $4,662,000.

ProShares Short S&P500 stock opened at $29.00 on Tuesday. ProShares Short S&P500 has a 52-week low of $27.08 and a 52-week high of $31.76.

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.

Read More: What are defining characteristics of a correction?

Want to see what other hedge funds are holding SH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ProShares Short S&P500 (NYSEARCA:SH).

Related posts

Leave a Comment