LPL Financial LLC lowered its holdings in ProShares Short MSCI Emerging Markets (NYSEARCA:EUM) by 3.5% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 273,999 shares of the company’s stock after selling 9,872 shares during the period. LPL Financial LLC owned approximately 0.06% of ProShares Short MSCI Emerging Markets worth $5,011,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Brookstone Capital Management bought a new position in ProShares Short MSCI Emerging Markets in the second quarter valued at $4,129,000. IndexIQ Advisors LLC lifted its stake in ProShares Short MSCI Emerging Markets by 64.3% during the first quarter. IndexIQ Advisors LLC now owns 57,775 shares of the company’s stock worth $1,034,000 after purchasing an additional 22,601 shares during the last quarter. Capital Investment Advisory Services LLC lifted its stake in ProShares Short MSCI Emerging Markets by 61.5% during the second quarter. Capital Investment Advisory Services LLC now owns 21,150 shares of the company’s stock worth $387,000 after purchasing an additional 8,050 shares during the last quarter. Finally, Gradient Investments LLC bought a new stake in ProShares Short MSCI Emerging Markets during the second quarter worth about $25,000.

Shares of ProShares Short MSCI Emerging Markets stock traded down $0.15 during trading on Wednesday, hitting $18.81. 900 shares of the stock traded hands, compared to its average volume of 633,641. The firm’s fifty day moving average is $19.41 and its 200-day moving average is $18.82. ProShares Short MSCI Emerging Markets has a 52 week low of $17.72 and a 52 week high of $21.76.

ProShares Short MSCI Emerging Markets Profile

ProShares Short MSCI Emerging Markets (the Fund) seeks daily investment results that correspond to the inverse (opposite) of the daily performance of the MSCI Emerging Markets Index. The MSCI Emerging Markets Index adjusts the market capitalization of index constituents for free float and targets for index inclusion 85% of free float-adjusted market capitalization in each industry group in global emerging markets countries.

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Institutional Ownership by Quarter for ProShares Short MSCI Emerging Markets (NYSEARCA:EUM)

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