Balboa Wealth Partners Takes Position in ProShares Short S&P500 (NYSEARCA:SH)

Balboa Wealth Partners acquired a new stake in ProShares Short S&P500 (NYSEARCA:SH) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 14,525 shares of the real estate investment trust’s stock, valued at approximately $189,000.

Other hedge funds also recently made changes to their positions in the company. EdgeRock Capital LLC acquired a new stake in shares of ProShares Short S&P500 during the 4th quarter worth about $97,000. Headlands Technologies LLC acquired a new stake in ProShares Short S&P500 in the 3rd quarter valued at about $111,000. Transcend Capital Advisors LLC acquired a new stake in ProShares Short S&P500 in the 4th quarter valued at about $141,000. Rathbones Group PLC acquired a new stake in ProShares Short S&P500 in the 3rd quarter valued at about $159,000. Finally, Milestone Asset Management LLC acquired a new stake in ProShares Short S&P500 in the 3rd quarter valued at about $165,000.

ProShares Short S&P500 Stock Down 0.6 %

Shares of NYSEARCA SH traded down $0.07 during mid-day trading on Friday, hitting $11.87. The company’s stock had a trading volume of 8,366,807 shares, compared to its average volume of 20,237,619. ProShares Short S&P500 has a one year low of $11.78 and a one year high of $15.20. The company’s fifty day simple moving average is $12.10 and its 200-day simple moving average is $12.72.

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.