IMC Chicago LLC Cuts Stock Holdings in ProShares Short S&P 500 $SH

IMC Chicago LLC lowered its holdings in ProShares Short S&P 500 (NYSEARCA:SH) by 56.9% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 25,174 shares of the real estate investment trust’s stock after selling 33,180 shares during the quarter. IMC Chicago LLC owned approximately 0.07% of ProShares Short S&P 500 worth $955,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Belpointe Asset Management LLC boosted its stake in shares of ProShares Short S&P 500 by 559.7% during the fourth quarter. Belpointe Asset Management LLC now owns 72,964 shares of the real estate investment trust’s stock valued at $2,629,000 after purchasing an additional 61,904 shares in the last quarter. Hedges Asset Management LLC purchased a new position in ProShares Short S&P 500 during the fourth quarter valued at approximately $2,486,000. Canal Capital Management LLC bought a new position in ProShares Short S&P 500 in the first quarter worth approximately $2,634,000. J. Safra Sarasin Holding AG raised its stake in ProShares Short S&P 500 by 296.4% in the first quarter. J. Safra Sarasin Holding AG now owns 60,510 shares of the real estate investment trust’s stock worth $2,295,000 after buying an additional 45,246 shares in the last quarter. Finally, Stack Financial Management Inc purchased a new stake in ProShares Short S&P 500 during the fourth quarter worth $90,286,000.

ProShares Short S&P 500 Stock Performance

ProShares Short S&P 500 stock opened at $32.74 on Thursday. The business has a fifty day moving average of $33.30 and a two-hundred day moving average of $35.13. ProShares Short S&P 500 has a twelve month low of $32.70 and a twelve month high of $39.85.

About ProShares Short S&P 500

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.