Citizens Financial Group Inc. RI Acquires New Holdings in ProShares Short High Yield (NYSEARCA:SJB)

Citizens Financial Group Inc. RI acquired a new stake in ProShares Short High Yield (NYSEARCA:SJB) in the 4th quarter, according to its most recent filing with the SEC. The fund acquired 212,241 shares of the company’s stock, valued at approximately $3,659,000. Citizens Financial Group Inc. RI owned 1.95% of ProShares Short High Yield as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also modified their holdings of the company. Vista Finance LLC grew its position in shares of ProShares Short High Yield by 3.5% in the 3rd quarter. Vista Finance LLC now owns 580,809 shares of the company’s stock valued at $10,716,000 after purchasing an additional 19,636 shares during the period. Stratos Wealth Advisors LLC acquired a new position in ProShares Short High Yield during the 3rd quarter worth approximately $184,000. First Heartland Consultants Inc. boosted its position in ProShares Short High Yield by 6.3% during the 3rd quarter. First Heartland Consultants Inc. now owns 27,064 shares of the company’s stock worth $499,000 after acquiring an additional 1,608 shares during the last quarter. Mutual Advisors LLC boosted its position in ProShares Short High Yield by 30.4% during the 3rd quarter. Mutual Advisors LLC now owns 27,477 shares of the company’s stock worth $507,000 after acquiring an additional 6,400 shares during the last quarter. Finally, WESPAC Advisors LLC boosted its position in ProShares Short High Yield by 66.5% during the 3rd quarter. WESPAC Advisors LLC now owns 61,320 shares of the company’s stock worth $1,131,000 after acquiring an additional 24,493 shares during the last quarter.

ProShares Short High Yield Trading Down 0.2 %

NYSEARCA:SJB traded down $0.03 during trading hours on Friday, reaching $17.35. 76,267 shares of the stock were exchanged, compared to its average volume of 163,596. ProShares Short High Yield has a twelve month low of $17.00 and a twelve month high of $18.96. The firm has a 50 day moving average of $17.28 and a 200 day moving average of $17.63.

About ProShares Short High Yield

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.