Wealthcare Advisory Partners LLC purchased a new stake in shares of ProShares Ultra S&P500 (NYSEARCA:SSO – Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 95,918 shares of the real estate investment trust’s stock, valued at approximately $5,556,000.
Several other large investors have also recently added to or reduced their stakes in SSO. First Heartland Consultants Inc. lifted its position in shares of ProShares Ultra S&P500 by 7.8% in the 3rd quarter. First Heartland Consultants Inc. now owns 2,248 shares of the real estate investment trust’s stock worth $252,000 after acquiring an additional 163 shares during the period. Tudor Investment Corp ET AL increased its position in shares of ProShares Ultra S&P500 by 4.6% during the third quarter. Tudor Investment Corp ET AL now owns 4,573 shares of the real estate investment trust’s stock valued at $513,000 after purchasing an additional 200 shares during the period. Harvest Investment Services LLC raised its stake in shares of ProShares Ultra S&P500 by 3.6% in the third quarter. Harvest Investment Services LLC now owns 7,897 shares of the real estate investment trust’s stock valued at $885,000 after purchasing an additional 271 shares in the last quarter. Beacon Capital Management Inc. bought a new position in ProShares Ultra S&P500 in the second quarter worth $27,000. Finally, Bank of America Corp DE lifted its position in ProShares Ultra S&P500 by 1.3% in the third quarter. Bank of America Corp DE now owns 22,583 shares of the real estate investment trust’s stock worth $2,532,000 after purchasing an additional 300 shares during the period.
ProShares Ultra S&P500 Price Performance
Shares of ProShares Ultra S&P500 stock opened at $49.38 on Friday. ProShares Ultra S&P500 has a 52-week low of $30.42 and a 52-week high of $60.37. The firm has a market capitalization of $6.50 billion, a PE ratio of 24.25 and a beta of 2.01. The company’s fifty day moving average price is $56.98 and its two-hundred day moving average price is $57.11.
ProShares Ultra S&P500 Cuts Dividend
About ProShares Ultra S&P500
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. Index Committee through a non-mechanical process that factors criteria, such as liquidity, price, market capitalization and financial viability.
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