DRW Securities LLC Buys New Stake in ProShares Ultra S&P500 (NYSEARCA:SSO)

DRW Securities LLC purchased a new position in shares of ProShares Ultra S&P500 (NYSEARCA:SSO) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 17,640 shares of the real estate investment trust’s stock, valued at approximately $1,455,000.

Several other large investors have also recently added to or reduced their stakes in SSO. Whittier Trust Co. acquired a new stake in ProShares Ultra S&P500 in the first quarter valued at approximately $60,000. CWM LLC grew its holdings in ProShares Ultra S&P500 by 964.2% during the 2nd quarter. CWM LLC now owns 862 shares of the real estate investment trust’s stock valued at $71,000 after purchasing an additional 781 shares in the last quarter. Hantz Financial Services Inc. purchased a new stake in ProShares Ultra S&P500 during the 2nd quarter worth $163,000. Wealthspire Advisors LLC acquired a new position in ProShares Ultra S&P500 in the 1st quarter worth $206,000. Finally, Pinkerton Retirement Specialists LLC acquired a new position in ProShares Ultra S&P500 in the 1st quarter worth $217,000.

ProShares Ultra S&P500 Price Performance

NYSEARCA:SSO opened at $88.63 on Monday. ProShares Ultra S&P500 has a 1-year low of $48.59 and a 1-year high of $89.62. The firm has a 50-day moving average of $83.55 and a two-hundred day moving average of $79.79.

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.