Verity Asset Management Inc. Invests $2.23 Million in ProShares Short S&P500 (NYSEARCA:SH)

Verity Asset Management Inc. purchased a new stake in shares of ProShares Short S&P500 (NYSEARCA:SH) during the 4th quarter, according to its most recent disclosure with the SEC. The fund purchased 52,525 shares of the real estate investment trust’s stock, valued at approximately $2,226,000. ProShares Short S&P500 comprises about 1.2% of Verity Asset Management Inc.’s investment portfolio, making the stock its 14th biggest position. Verity Asset Management Inc. owned 0.07% of ProShares Short S&P500 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in SH. First National Corp MA ADV raised its position in ProShares Short S&P500 by 266.2% during the 3rd quarter. First National Corp MA ADV now owns 1,563,361 shares of the real estate investment trust’s stock worth $16,962,000 after purchasing an additional 1,136,404 shares during the last quarter. Marlin Sams Capital Management LLC bought a new position in shares of ProShares Short S&P500 during the third quarter worth about $15,732,000. EWG Elevate Inc. bought a new position in shares of ProShares Short S&P500 during the third quarter worth about $13,825,000. Gunderson Capital Management Inc. acquired a new position in shares of ProShares Short S&P500 in the third quarter worth approximately $11,095,000. Finally, Arete Wealth Advisors LLC bought a new stake in ProShares Short S&P500 in the third quarter valued at approximately $10,007,000.

ProShares Short S&P500 Price Performance

Shares of NYSEARCA:SH opened at $41.78 on Tuesday. ProShares Short S&P500 has a 1 year low of $40.84 and a 1 year high of $50.80. The business’s 50-day moving average is $41.86 and its 200-day moving average is $43.47.

ProShares Short S&P500 Company 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.