Wells Fargo & Company MN cut its stake in shares of ProShares Short S&P500 (NYSEARCA:SH) by 8.7% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,021,322 shares of the real estate investment trust’s stock after selling 97,526 shares during the quarter. Wells Fargo & Company MN owned 2.25% of ProShares Short S&P500 worth $29,955,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Deane Retirement Strategies Inc. purchased a new stake in ProShares Short S&P500 in the 2nd quarter valued at about $3,526,000. CWM LLC grew its holdings in shares of ProShares Short S&P500 by 48.5% during the 2nd quarter. CWM LLC now owns 555,337 shares of the real estate investment trust’s stock worth $16,288,000 after purchasing an additional 181,482 shares during the period. Commonwealth Equity Services LLC grew its holdings in shares of ProShares Short S&P500 by 81.7% during the 2nd quarter. Commonwealth Equity Services LLC now owns 84,269 shares of the real estate investment trust’s stock worth $2,472,000 after purchasing an additional 37,881 shares during the period. Telemus Capital LLC grew its holdings in shares of ProShares Short S&P500 by 0.8% during the 2nd quarter. Telemus Capital LLC now owns 240,931 shares of the real estate investment trust’s stock worth $7,067,000 after purchasing an additional 1,891 shares during the period. Finally, Lesa Sroufe & Co purchased a new stake in shares of ProShares Short S&P500 during the 2nd quarter worth about $4,122,000.

Shares of SH opened at $27.79 on Friday. ProShares Short S&P500 has a 52-week low of $27.36 and a 52-week high of $32.94.

ProShares Short S&P500 Company 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.

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Institutional Ownership by Quarter for ProShares Short S&P500 (NYSEARCA:SH)

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