Canal Capital Management LLC Buys Shares of 69,437 ProShares Short S&P 500 $SH

Canal Capital Management LLC purchased a new position in shares of ProShares Short S&P 500 (NYSEARCA:SHFree Report) during the 1st quarter, HoldingsChannel reports. The firm purchased 69,437 shares of the real estate investment trust’s stock, valued at approximately $2,634,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. JPMorgan Chase & Co. lifted its stake in shares of ProShares Short S&P 500 by 255.5% in the second quarter. JPMorgan Chase & Co. now owns 7,394 shares of the real estate investment trust’s stock worth $293,000 after buying an additional 5,314 shares during the last quarter. NewEdge Advisors LLC lifted its position in ProShares Short S&P 500 by 503.7% during the 2nd quarter. NewEdge Advisors LLC now owns 6,562 shares of the real estate investment trust’s stock worth $260,000 after acquiring an additional 5,475 shares during the last quarter. Quantinno Capital Management LP bought a new stake in ProShares Short S&P 500 during the second quarter valued at about $595,000. Raymond James Financial Inc. bought a new stake in ProShares Short S&P 500 during the second quarter valued at about $77,000. Finally, WFA of San Diego LLC acquired a new stake in shares of ProShares Short S&P 500 in the second quarter valued at about $36,000.

ProShares Short S&P 500 Price Performance

NYSEARCA SH opened at $33.12 on Friday. ProShares Short S&P 500 has a twelve month low of $32.71 and a twelve month high of $39.85. The stock has a 50-day simple moving average of $33.56 and a 200 day simple moving average of $35.34.

ProShares Short S&P 500 Profile

(Free Report)

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.

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Want to see what other hedge funds are holding SH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ProShares Short S&P 500 (NYSEARCA:SHFree Report).

Institutional Ownership by Quarter for ProShares Short S&P 500 (NYSEARCA:SH)

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