Prospera Private Wealth LLC Lowers Position in ProShares Short High Yield (NYSEARCA:SJB)

Prospera Private Wealth LLC decreased its holdings in shares of ProShares Short High Yield (NYSEARCA:SJB) by 19.9% during the third quarter, according to its most recent filing with the SEC. The firm owned 354,522 shares of the company’s stock after selling 87,961 shares during the period. ProShares Short High Yield accounts for about 1.1% of Prospera Private Wealth LLC’s portfolio, making the stock its 25th largest position. Prospera Private Wealth LLC owned 6.45% of ProShares Short High Yield worth $5,740,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the business. Csenge Advisory Group increased its holdings in ProShares Short High Yield by 8.2% during the second quarter. Csenge Advisory Group now owns 1,038,738 shares of the company’s stock valued at $17,596,000 after buying an additional 78,393 shares during the period. Solstein Capital LLC purchased a new position in shares of ProShares Short High Yield in the 3rd quarter valued at $5,073,000. AE Wealth Management LLC raised its position in shares of ProShares Short High Yield by 6.6% in the 2nd quarter. AE Wealth Management LLC now owns 274,969 shares of the company’s stock worth $4,658,000 after acquiring an additional 17,076 shares in the last quarter. Lloyd Advisory Services LLC. lifted its stake in shares of ProShares Short High Yield by 4.4% during the 3rd quarter. Lloyd Advisory Services LLC. now owns 98,952 shares of the company’s stock worth $1,602,000 after purchasing an additional 4,168 shares during the last quarter. Finally, Mid American Wealth Advisory Group Inc. lifted its stake in shares of ProShares Short High Yield by 69.8% during the 3rd quarter. Mid American Wealth Advisory Group Inc. now owns 46,777 shares of the company’s stock worth $757,000 after purchasing an additional 19,221 shares during the last quarter.

ProShares Short High Yield Trading Down 0.3 %

SJB opened at $16.33 on Wednesday. The business’s 50-day moving average is $16.36 and its two-hundred day moving average is $16.73. ProShares Short High Yield has a 1 year low of $16.16 and a 1 year high of $18.18.

ProShares Short High Yield Company Profile

The Proshares Short High Yield (SJB) is an exchange-traded fund that is based on the iBoxx USD Liquid High Yield index. The fund provides inverse exposure, reset daily, to a modified market-value-weighted index comprising US-dollar-denominated corporate high-yield bonds with maturities between 3 and 15 years.