Whitener Capital Management Inc. Has $241,000 Position in ProShares Ultra S&P500 (NYSEARCA:SSO)

Whitener Capital Management Inc. lessened its stake in shares of ProShares Ultra S&P500 (NYSEARCA:SSO) by 5.5% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,914 shares of the real estate investment trust’s stock after selling 111 shares during the period. Whitener Capital Management Inc.’s holdings in ProShares Ultra S&P500 were worth $241,000 at the end of the most recent reporting period.

Other institutional investors also recently added to or reduced their stakes in the company. FNY Investment Advisers LLC acquired a new position in shares of ProShares Ultra S&P500 during the 1st quarter valued at $55,000. Rezny Wealth Management Inc. acquired a new position in shares of ProShares Ultra S&P500 during the 2nd quarter valued at $223,000. Windsor Group LTD acquired a new position in ProShares Ultra S&P500 during the second quarter worth $244,000. Budros Ruhlin & Roe Inc. acquired a new position in ProShares Ultra S&P500 during the first quarter worth $236,000. Finally, Commonwealth Equity Services LLC raised its holdings in ProShares Ultra S&P500 by 17.4% during the second quarter. Commonwealth Equity Services LLC now owns 2,009 shares of the real estate investment trust’s stock worth $253,000 after buying an additional 298 shares during the last quarter.

SSO traded up $3.45 during trading on Friday, hitting $121.29. 1,970,800 shares of the company’s stock were exchanged, compared to its average volume of 1,576,232. The business’s 50 day moving average is $127.92 and its two-hundred day moving average is $120.70. ProShares Ultra S&P500 has a fifty-two week low of $81.39 and a fifty-two week high of $133.46.

ProShares Ultra S&P500 Profile

ProShares Ultra S&P500 (the Fund), formerly Ultra S&P500 ProShares, seeks daily investment results that correspond to twice (200%) the daily performance of the S&P 500 Index. The S&P 500 Index is a measure of large-cap United States stock market performance. It is a float-adjusted market capitalization weighted index of 500 United States operating companies and real estate investment trusts (REITs) selected by the S&P U.S.

Further Reading: Outstanding Shares

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Institutional Ownership by Quarter for ProShares Ultra S&P500 (NYSEARCA:SSO)

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