Wealth Enhancement Advisory Services LLC boosted its holdings in ProShares Ultra S&P500 (NYSEARCA:SSO – Free Report) by 9.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 9,538 shares of the real estate investment trust’s stock after buying an additional 800 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in ProShares Ultra S&P500 were worth $860,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently bought and sold shares of SSO. Fortitude Family Office LLC purchased a new stake in shares of ProShares Ultra S&P500 during the 3rd quarter worth approximately $42,000. BNP Paribas Financial Markets purchased a new stake in ProShares Ultra S&P500 in the third quarter valued at $48,000. Northwestern Mutual Wealth Management Co. purchased a new stake in ProShares Ultra S&P500 in the second quarter valued at $58,000. Eastern Bank acquired a new position in ProShares Ultra S&P500 in the third quarter valued at $81,000. Finally, Oliver Lagore Vanvalin Investment Group grew its holdings in shares of ProShares Ultra S&P500 by 39.0% during the second quarter. Oliver Lagore Vanvalin Investment Group now owns 1,344 shares of the real estate investment trust’s stock worth $111,000 after purchasing an additional 377 shares during the last quarter.
ProShares Ultra S&P500 Trading Up 3.6 %
SSO opened at $94.35 on Thursday. ProShares Ultra S&P500 has a one year low of $63.33 and a one year high of $100.12. The business’s 50-day simple moving average is $95.78 and its 200-day simple moving average is $89.56.
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.
Further Reading
- Five stocks we like better than ProShares Ultra S&P500
- What Makes a Stock a Good Dividend Stock?
- 4 Social Media Stocks Set to Gain as TikTok Ban Looms
- Most Volatile Stocks, What Investors Need to Know
- How Do Stock Buybacks Affect Shareholders?
- What Are the FAANG Stocks and Are They Good Investments?
- JPMorgan Chase & Co. Stock Can Hit $300 This Year
Receive News & Ratings for ProShares Ultra S&P500 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares Ultra S&P500 and related companies with MarketBeat.com's FREE daily email newsletter.