Lionsbridge Wealth Management LLC Invests $395,000 in ProShares Short S&P500 (NYSEARCA:SH)

Lionsbridge Wealth Management LLC bought a new position in shares of ProShares Short S&P500 (NYSEARCA:SH) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 34,633 shares of the real estate investment trust’s stock, valued at approximately $395,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Mirador Capital Partners LP boosted its stake in ProShares Short S&P500 by 27.8% during the second quarter. Mirador Capital Partners LP now owns 663,067 shares of the real estate investment trust’s stock valued at $7,566,000 after buying an additional 144,138 shares during the last quarter. First National Corp MA ADV raised its stake in ProShares Short S&P500 by 50.8% during the second quarter. First National Corp MA ADV now owns 426,957 shares of the real estate investment trust’s stock valued at $4,872,000 after purchasing an additional 143,782 shares in the last quarter. Pineridge Advisors LLC lifted its position in ProShares Short S&P500 by 5.8% during the first quarter. Pineridge Advisors LLC now owns 1,320,468 shares of the real estate investment trust’s stock valued at $15,661,000 after purchasing an additional 72,543 shares during the last quarter. Coppell Advisory Solutions Corp. purchased a new position in shares of ProShares Short S&P500 in the 1st quarter worth $626,000. Finally, Tidal Investments LLC grew its stake in shares of ProShares Short S&P500 by 16.1% in the 1st quarter. Tidal Investments LLC now owns 293,039 shares of the real estate investment trust’s stock worth $3,475,000 after buying an additional 40,694 shares in the last quarter.

ProShares Short S&P500 Stock Performance

Shares of ProShares Short S&P500 stock remained flat at $11.73 on Monday. The stock had a trading volume of 37,561,211 shares, compared to its average volume of 22,577,547. The firm’s 50-day simple moving average is $11.50 and its 200-day simple moving average is $11.96. ProShares Short S&P500 has a 12-month low of $11.03 and a 12-month high of $15.20.

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.