Saybrook Capital NC Has $275,000 Stake in ProShares Short S&P500 (NYSEARCA:SH)

Saybrook Capital NC decreased its holdings in ProShares Short S&P500 (NYSEARCA:SH) by 81.2% in the 4th quarter, Holdings Channel.com reports. The firm owned 6,500 shares of the real estate investment trust’s stock after selling 28,000 shares during the period. Saybrook Capital NC’s holdings in ProShares Short S&P500 were worth $275,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Marlin Sams Capital Management LLC acquired a new stake in ProShares Short S&P500 in the 3rd quarter worth about $15,732,000. Arete Wealth Advisors LLC acquired a new stake in ProShares Short S&P500 in the 3rd quarter worth about $10,007,000. Axxcess Wealth Management LLC raised its stake in ProShares Short S&P500 by 18.6% in the 3rd quarter. Axxcess Wealth Management LLC now owns 722,069 shares of the real estate investment trust’s stock worth $7,834,000 after purchasing an additional 113,458 shares in the last quarter. Freedom Investment Management Inc. raised its stake in ProShares Short S&P500 by 265.1% in the 3rd quarter. Freedom Investment Management Inc. now owns 369,746 shares of the real estate investment trust’s stock worth $4,012,000 after purchasing an additional 268,485 shares in the last quarter. Finally, Wakefield Asset Management LLLP raised its stake in ProShares Short S&P500 by 63.8% in the 4th quarter. Wakefield Asset Management LLLP now owns 208,043 shares of the real estate investment trust’s stock worth $8,817,000 after purchasing an additional 81,033 shares in the last quarter.

ProShares Short S&P500 Trading Down 0.5 %

Shares of ProShares Short S&P500 stock opened at $43.60 on Friday. ProShares Short S&P500 has a twelve month low of $40.84 and a twelve month high of $50.48. The company has a 50-day simple moving average of $41.90 and a two-hundred day simple moving average of $42.78.

About ProShares Short S&P500

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.