ProShares Short S&P500 (NYSEARCA:SH) Stock Position Decreased by First National Corp MA ADV

First National Corp MA ADV cut its stake in shares of ProShares Short S&P500 (NYSEARCA:SH) by 68.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 493,255 shares of the real estate investment trust’s stock after selling 1,070,106 shares during the quarter. ProShares Short S&P500 makes up approximately 4.7% of First National Corp MA ADV’s holdings, making the stock its 4th biggest position. First National Corp MA ADV owned about 0.63% of ProShares Short S&P500 worth $20,904,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SH. Golden State Wealth Management LLC purchased a new position in shares of ProShares Short S&P500 in the fourth quarter valued at about $31,000. Aptus Capital Advisors LLC purchased a new position in ProShares Short S&P500 in the 3rd quarter worth approximately $33,000. Nvwm LLC bought a new position in ProShares Short S&P500 in the 3rd quarter worth approximately $46,000. Ridgecrest Wealth Partners LLC purchased a new stake in ProShares Short S&P500 during the 4th quarter valued at approximately $229,000. Finally, Larson Financial Group LLC raised its position in shares of ProShares Short S&P500 by 415.8% during the third quarter. Larson Financial Group LLC now owns 5,617 shares of the real estate investment trust’s stock valued at $61,000 after buying an additional 4,528 shares during the last quarter.

ProShares Short S&P500 Stock Performance

Shares of NYSEARCA:SH opened at $41.62 on Monday. The firm has a fifty day moving average price of $41.82 and a 200 day moving average price of $43.36. ProShares Short S&P500 has a fifty-two week low of $40.84 and a fifty-two week high of $50.80.

ProShares Short S&P500 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.