ProShares Short High Yield (NYSEARCA:SJB) Shares Sold by Prospera Private Wealth LLC

Prospera Private Wealth LLC decreased its holdings in ProShares Short High Yield (NYSEARCA:SJB) by 19.9% in the third quarter, Holdings Channel reports. The firm owned 354,522 shares of the company’s stock after selling 87,961 shares during the period. ProShares Short High Yield comprises about 1.1% of Prospera Private Wealth LLC’s portfolio, making the stock its 25th largest position. Prospera Private Wealth LLC owned about 0.06% of ProShares Short High Yield worth $5,740,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Csenge Advisory Group boosted its holdings in ProShares Short High Yield by 8.2% in the second quarter. Csenge Advisory Group now owns 1,038,738 shares of the company’s stock worth $17,596,000 after acquiring an additional 78,393 shares in the last quarter. Solstein Capital LLC acquired a new stake in ProShares Short High Yield in the 3rd quarter worth approximately $5,073,000. AE Wealth Management LLC grew its position in ProShares Short High Yield by 6.6% during the 2nd quarter. AE Wealth Management LLC now owns 274,969 shares of the company’s stock worth $4,658,000 after purchasing an additional 17,076 shares during the last quarter. Lloyd Advisory Services LLC. grew its holdings in shares of ProShares Short High Yield by 4.4% during the third quarter. Lloyd Advisory Services LLC. now owns 98,952 shares of the company’s stock valued at $1,602,000 after buying an additional 4,168 shares during the last quarter. Finally, Mid American Wealth Advisory Group Inc. increased its position in shares of ProShares Short High Yield by 69.8% in the 3rd quarter. Mid American Wealth Advisory Group Inc. now owns 46,777 shares of the company’s stock valued at $757,000 after acquiring an additional 19,221 shares during the period.

ProShares Short High Yield Trading Down 0.3 %

ProShares Short High Yield stock opened at $16.33 on Wednesday. The business’s 50-day simple moving average is $16.36 and its two-hundred day simple moving average is $16.73. ProShares Short High Yield has a fifty-two week low of $16.16 and a fifty-two week high of $18.18.

ProShares Short High Yield Profile

The Proshares Short High Yield (SJB) is an exchange-traded fund that is based on the iBoxx USD Liquid High Yield index. The fund provides inverse exposure, reset daily, to a modified market-value-weighted index comprising US-dollar-denominated corporate high-yield bonds with maturities between 3 and 15 years.