Wakefield Asset Management LLLP Takes Position in ProShares Short FTSE China 50 $YXI

Wakefield Asset Management LLLP bought a new stake in shares of ProShares Short FTSE China 50 (NYSEARCA:YXI) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 48,531 shares of the company’s stock, valued at approximately $989,000. Wakefield Asset Management LLLP owned about 30.33% of ProShares Short FTSE China 50 as of its most recent filing with the Securities and Exchange Commission.

ProShares Short FTSE China 50 Trading Up 2.3%

NYSEARCA YXI opened at $21.56 on Friday. The stock has a 50 day moving average price of $21.47 and a 200-day moving average price of $19.31. ProShares Short FTSE China 50 has a one year low of $18.85 and a one year high of $23.28.

ProShares Short FTSE China 50 Profile

ProShares Short FTSE China 50 (the Fund) is an exchange-traded fund. The Fund seeks investment results for a single day. The return of the Fund for periods longer than a single day will be the result of each day’s returns compounded over the period, which will very likely differ from the inverse (-1x) of the return of the FTSE China 50 Index (the Index) for that period. The Index is comprised of 50 of the largest and most liquid Chinese stocks listed on the Hong Kong Stock Exchange.