Telemus Capital LLC Lowers Position in ProShares Short S&P500 (NYSEARCA:SH)

Telemus Capital LLC trimmed its holdings in shares of ProShares Short S&P500 (NYSEARCA:SH) by 28.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 350,636 shares of the real estate investment trust’s stock after selling 140,960 shares during the period. Telemus Capital LLC owned about 0.29% of ProShares Short S&P500 worth $4,555,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Grant GrossMendelsohn LLC lifted its position in shares of ProShares Short S&P500 by 5.5% during the third quarter. Grant GrossMendelsohn LLC now owns 19,633 shares of the real estate investment trust’s stock worth $284,000 after purchasing an additional 1,015 shares in the last quarter. Clear Creek Financial Management LLC raised its holdings in ProShares Short S&P500 by 1.0% in the third quarter. Clear Creek Financial Management LLC now owns 227,805 shares of the real estate investment trust’s stock valued at $3,296,000 after acquiring an additional 2,228 shares in the last quarter. Compass Financial Group Inc. raised its holdings in ProShares Short S&P500 by 0.7% in the third quarter. Compass Financial Group Inc. now owns 398,160 shares of the real estate investment trust’s stock valued at $5,761,000 after acquiring an additional 2,791 shares in the last quarter. Van Hulzen Asset Management LLC raised its holdings in ProShares Short S&P500 by 12.6% in the third quarter. Van Hulzen Asset Management LLC now owns 30,887 shares of the real estate investment trust’s stock valued at $447,000 after acquiring an additional 3,467 shares in the last quarter. Finally, Kestra Advisory Services LLC raised its holdings in ProShares Short S&P500 by 25.7% in the third quarter. Kestra Advisory Services LLC now owns 19,311 shares of the real estate investment trust’s stock valued at $279,000 after acquiring an additional 3,949 shares in the last quarter.

ProShares Short S&P500 Trading Down 0.8 %

SH stock opened at $12.49 on Tuesday. ProShares Short S&P500 has a 1-year low of $11.81 and a 1-year high of $15.29. The firm has a fifty day moving average price of $12.20 and a two-hundred day moving average price of $13.09.

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.