Axxcess Wealth Management LLC Increases Position in ProShares Short S&P 500 $SH

Axxcess Wealth Management LLC boosted its stake in shares of ProShares Short S&P 500 (NYSEARCA:SH) by 14.6% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 284,174 shares of the real estate investment trust’s stock after acquiring an additional 36,108 shares during the period. Axxcess Wealth Management LLC’s holdings in ProShares Short S&P 500 were worth $10,239,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of SH. Alpha Advisors LLC VA grew its stake in shares of ProShares Short S&P 500 by 7.7% in the 3rd quarter. Alpha Advisors LLC VA now owns 5,633 shares of the real estate investment trust’s stock worth $208,000 after buying an additional 403 shares in the last quarter. Atlantic Union Bankshares Corp boosted its holdings in shares of ProShares Short S&P 500 by 51.1% in the 4th quarter. Atlantic Union Bankshares Corp now owns 1,700 shares of the real estate investment trust’s stock worth $61,000 after purchasing an additional 575 shares during the period. CPR Investments Inc. boosted its holdings in shares of ProShares Short S&P 500 by 0.3% in the 4th quarter. CPR Investments Inc. now owns 202,889 shares of the real estate investment trust’s stock worth $7,310,000 after purchasing an additional 648 shares during the period. WFA of San Diego LLC bought a new position in ProShares Short S&P 500 during the 2nd quarter valued at about $36,000. Finally, Nvwm LLC bought a new position in ProShares Short S&P 500 during the 4th quarter valued at about $36,000.

ProShares Short S&P 500 Stock Performance

SH opened at $33.31 on Friday. The business has a fifty day moving average of $35.73 and a 200 day moving average of $36.04. ProShares Short S&P 500 has a 52-week low of $33.08 and a 52-week high of $42.89.

ProShares Short S&P 500 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. 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.