Axxcess Wealth Management LLC Boosts Position in ProShares Short S&P500 (NYSEARCA:SH)

Axxcess Wealth Management LLC boosted its holdings in shares of ProShares Short S&P500 (NYSEARCA:SH) by 18.8% in the 2nd quarter, Holdings Channel.com reports. The fund owned 608,611 shares of the real estate investment trust’s stock after buying an additional 96,504 shares during the quarter. Axxcess Wealth Management LLC’s holdings in ProShares Short S&P500 were worth $6,944,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of SH. Capital Wealth Planning LLC boosted its stake in shares of ProShares Short S&P500 by 39.8% in the second quarter. Capital Wealth Planning LLC now owns 374,817 shares of the real estate investment trust’s stock valued at $4,277,000 after purchasing an additional 106,685 shares during the period. Envestnet Asset Management Inc. raised its stake in ProShares Short S&P500 by 7.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 295,208 shares of the real estate investment trust’s stock valued at $3,368,000 after acquiring an additional 21,540 shares during the last quarter. Oppenheimer & Co. Inc. grew its position in ProShares Short S&P500 by 30.9% in the 2nd quarter. Oppenheimer & Co. Inc. now owns 476,514 shares of the real estate investment trust’s stock valued at $5,437,000 after buying an additional 112,490 shares during the last quarter. Arcadia Investment Management Corp MI raised its holdings in ProShares Short S&P500 by 2,794.2% during the second quarter. Arcadia Investment Management Corp MI now owns 86,825 shares of the real estate investment trust’s stock worth $991,000 after purchasing an additional 83,825 shares in the last quarter. Finally, Kornitzer Capital Management Inc. KS acquired a new position in ProShares Short S&P500 during the 2nd quarter worth approximately $114,000.

ProShares Short S&P500 Stock Down 0.2 %

Shares of SH stock opened at $11.20 on Tuesday. The business’s fifty day moving average price is $11.39 and its 200 day moving average price is $11.75. ProShares Short S&P500 has a 1-year low of $11.03 and a 1-year high of $15.20.

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.