57,642 Shares of ProShares Short S&P 500 $SH Acquired by Commonwealth Financial Services LLC

Commonwealth Financial Services LLC acquired a new position in shares of ProShares Short S&P 500 (NYSEARCA:SH) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 57,642 shares of the real estate investment trust’s stock, valued at approximately $1,868,000. Commonwealth Financial Services LLC owned approximately 0.19% of ProShares Short S&P 500 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in SH. Three Seasons Wealth LLC bought a new position in ProShares Short S&P 500 during the first quarter valued at approximately $20,507,000. First Pacific Financial purchased a new stake in ProShares Short S&P 500 during the 3rd quarter valued at about $10,243,000. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new stake in ProShares Short S&P 500 in the third quarter valued at approximately $10,123,000. Arete Wealth Advisors LLC bought a new position in shares of ProShares Short S&P 500 in the first quarter worth approximately $10,853,000. Finally, Arkadios Wealth Advisors bought a new stake in ProShares Short S&P 500 in the 1st quarter worth $10,769,000.

ProShares Short S&P 500 Trading Down 0.2%

SH traded down $0.07 during midday trading on Tuesday, reaching $32.24. 8,019,846 shares of the company’s stock traded hands, compared to its average volume of 9,821,060. The firm has a fifty day moving average of $32.31 and a two-hundred day moving average of $33.30. ProShares Short S&P 500 has a 52 week low of $31.64 and a 52 week high of $39.20.

About ProShares Short S&P 500

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. The Fund intends to invest at least 80% of its net assets, including any borrowings for investment purposes, to investments that, in combination, have economic characteristics that are inverse to those of the Index.