Town & Country Bank & Trust CO dba First Bankers Trust CO Buys New Stake in ProShares Short S&P500 (NYSEARCA:SH)

Town & Country Bank & Trust CO dba First Bankers Trust CO bought a new stake in shares of ProShares Short S&P500 (NYSEARCA:SH) during the first quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 15,770 shares of the real estate investment trust’s stock, valued at approximately $187,000.

Other hedge funds also recently bought and sold shares of the company. Transcendent Capital Group LLC acquired a new stake in ProShares Short S&P500 during the fourth quarter worth approximately $40,000. EdgeRock Capital LLC purchased a new stake in shares of ProShares Short S&P500 in the fourth quarter valued at $97,000. Thomasville National Bank acquired a new position in ProShares Short S&P500 in the first quarter valued at $132,000. Transcend Capital Advisors LLC acquired a new position in ProShares Short S&P500 in the fourth quarter valued at $141,000. Finally, RFG Advisory LLC purchased a new position in ProShares Short S&P500 during the first quarter worth about $188,000.

ProShares Short S&P500 Stock Up 0.4 %

SH traded up $0.05 during midday trading on Friday, hitting $11.41. The company’s stock had a trading volume of 20,825,308 shares, compared to its average volume of 19,989,584. ProShares Short S&P500 has a 52-week low of $11.28 and a 52-week high of $15.20. The firm has a 50-day moving average price of $11.90 and a two-hundred day moving average price of $12.32.

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.