ProShares Short S&P 500 $SH Shares Acquired by Virtue Capital Management LLC

Virtue Capital Management LLC increased its position in shares of ProShares Short S&P 500 (NYSEARCA:SH) by 537.7% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 385,351 shares of the real estate investment trust’s stock after buying an additional 324,927 shares during the quarter. ProShares Short S&P 500 comprises about 1.6% of Virtue Capital Management LLC’s portfolio, making the stock its 13th biggest position. Virtue Capital Management LLC’s holdings in ProShares Short S&P 500 were worth $12,485,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. Three Seasons Wealth LLC bought a new position in ProShares Short S&P 500 in the first quarter worth approximately $20,507,000. First Pacific Financial acquired a new stake in ProShares Short S&P 500 in the third quarter valued at approximately $10,243,000. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new stake in shares of ProShares Short S&P 500 during the third quarter valued at approximately $10,123,000. Arete Wealth Advisors LLC bought a new stake in shares of ProShares Short S&P 500 during the first quarter valued at approximately $10,853,000. Finally, Arkadios Wealth Advisors bought a new stake in shares of ProShares Short S&P 500 during the first quarter valued at approximately $10,769,000.

ProShares Short S&P 500 Price Performance

Shares of NYSEARCA:SH opened at $32.86 on Monday. ProShares Short S&P 500 has a twelve month low of $31.64 and a twelve month high of $39.20. The stock’s 50 day moving average is $32.34 and its 200-day moving average is $34.10.

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.