Steward Partners Investment Advisory LLC decreased its position in ProShares Short Real Estate (NYSEARCA:REK – Get Rating) by 50.0% in the first quarter, HoldingsChannel.com reports. The fund owned 2,995 shares of the company’s stock after selling 2,995 shares during the period. Steward Partners Investment Advisory LLC’s holdings in ProShares Short Real Estate were worth $50,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Separately, OLD Mission Capital LLC raised its stake in ProShares Short Real Estate by 16.7% in the 4th quarter. OLD Mission Capital LLC now owns 17,812 shares of the company’s stock worth $141,000 after acquiring an additional 2,555 shares during the last quarter.
ProShares Short Real Estate Stock Performance
Shares of REK stock opened at $17.98 on Friday. The business has a fifty day moving average of $18.88 and a 200 day moving average of $18.01. ProShares Short Real Estate has a 1 year low of $15.78 and a 1 year high of $20.55.
ProShares Short Real Estate Profile
ProShares Short Real Estate (the Fund) seeks daily investment results that correspond to the inverse (opposite) of the daily performance of the Dow Jones US Real Estate Index (the Index). The Index measures the performance of the real estate sector of the United States equity market. Component companies include those that invest directly or indirectly through development, management or ownership of shopping malls, apartment buildings and housing developments; and real estate investment trusts (REITs) that invest in apartments, office and retail properties.
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