TAP Consulting LLC Sells 44,660 Shares of ProShares Short S&P500 (NYSEARCA:SH)

TAP Consulting LLC reduced its stake in ProShares Short S&P500 (NYSEARCA:SH) by 19.3% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 186,799 shares of the real estate investment trust’s stock after selling 44,660 shares during the period. TAP Consulting LLC’s holdings in ProShares Short S&P500 were worth $2,427,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Headlands Technologies LLC acquired a new position in shares of ProShares Short S&P500 in the 3rd quarter valued at approximately $111,000. First Horizon Advisors Inc. acquired a new position in ProShares Short S&P500 during the third quarter valued at approximately $143,000. Rathbones Group PLC bought a new position in shares of ProShares Short S&P500 in the third quarter valued at $159,000. Milestone Asset Management LLC acquired a new position in shares of ProShares Short S&P500 during the 3rd quarter worth about $165,000. Finally, Raymond James & Associates acquired a new stake in shares of ProShares Short S&P500 in the third quarter valued at approximately $171,000.

ProShares Short S&P500 Stock Performance

Shares of NYSEARCA SH traded up $0.07 during mid-day trading on Thursday, reaching $12.40. 18,523,953 shares of the company were exchanged, compared to its average volume of 21,090,557. ProShares Short S&P500 has a twelve month low of $11.81 and a twelve month high of $15.29. The company’s 50-day simple moving average is $12.20 and its 200-day simple moving average is $13.07.

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.