Fox Hill Wealth Management Sells 29,740 Shares of ProShares Short S&P500 (NYSEARCA:SH)

Fox Hill Wealth Management trimmed its position in ProShares Short S&P500 (NYSEARCA:SH) by 76.7% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 9,050 shares of the real estate investment trust’s stock after selling 29,740 shares during the quarter. Fox Hill Wealth Management’s holdings in ProShares Short S&P500 were worth $384,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in SH. Golden State Wealth Management LLC acquired a new position in ProShares Short S&P500 during the 4th quarter valued at about $31,000. Ridgecrest Wealth Partners LLC purchased a new position in shares of ProShares Short S&P500 in the 4th quarter worth approximately $229,000. Larson Financial Group LLC boosted its stake in shares of ProShares Short S&P500 by 415.8% in the 3rd quarter. Larson Financial Group LLC now owns 5,617 shares of the real estate investment trust’s stock worth $61,000 after buying an additional 4,528 shares during the last quarter. HCR Wealth Advisors purchased a new position in shares of ProShares Short S&P500 in the 4th quarter worth approximately $284,000. Finally, Dynamic Advisor Solutions LLC purchased a new position in shares of ProShares Short S&P500 in the 4th quarter worth approximately $407,000.

ProShares Short S&P500 Stock Performance

Shares of NYSEARCA SH opened at $44.77 on Wednesday. ProShares Short S&P500 has a twelve month low of $40.84 and a twelve month high of $50.48. The stock’s 50 day moving average price is $42.27 and its 200-day moving average price is $42.76.

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.