Capital Wealth Planning LLC Acquires 106,685 Shares of ProShares Short S&P500 (NYSEARCA:SH)

Capital Wealth Planning LLC increased its holdings in shares of ProShares Short S&P500 (NYSEARCA:SH) by 39.8% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 374,817 shares of the real estate investment trust’s stock after acquiring an additional 106,685 shares during the quarter. Capital Wealth Planning LLC owned about 0.48% of ProShares Short S&P500 worth $4,277,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Envestnet Asset Management Inc. increased its holdings in ProShares Short S&P500 by 7.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 295,208 shares of the real estate investment trust’s stock valued at $3,368,000 after buying an additional 21,540 shares during the period. Oppenheimer & Co. Inc. increased its holdings in ProShares Short S&P500 by 30.9% in the 2nd quarter. Oppenheimer & Co. Inc. now owns 476,514 shares of the real estate investment trust’s stock valued at $5,437,000 after buying an additional 112,490 shares during the period. Arcadia Investment Management Corp MI increased its holdings in ProShares Short S&P500 by 2,794.2% in the 2nd quarter. Arcadia Investment Management Corp MI now owns 86,825 shares of the real estate investment trust’s stock valued at $991,000 after buying an additional 83,825 shares during the period. Kornitzer Capital Management Inc. KS bought a new position in ProShares Short S&P500 in the 2nd quarter valued at about $114,000. Finally, Laidlaw Wealth Management LLC bought a new position in ProShares Short S&P500 in the 2nd quarter valued at about $285,000.

ProShares Short S&P500 Stock Performance

SH opened at $11.22 on Monday. The company’s 50 day moving average is $11.39 and its 200-day moving average is $11.76. ProShares Short S&P500 has a 1-year low of $11.03 and a 1-year high of $15.20.

About ProShares Short S&P500

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.