JPMorgan Chase & Co. Grows Position in ProShares Ultra S&P500 (NYSEARCA:SSO)

JPMorgan Chase & Co. grew its stake in ProShares Ultra S&P500 (NYSEARCA:SSO) by 21.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 36,272 shares of the real estate investment trust’s stock after acquiring an additional 6,406 shares during the quarter. JPMorgan Chase & Co. owned about 0.06% of ProShares Ultra S&P500 worth $3,271,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Tidal Investments LLC purchased a new stake in ProShares Ultra S&P500 in the 3rd quarter worth approximately $1,137,000. Invst LLC grew its position in shares of ProShares Ultra S&P500 by 6.6% in the third quarter. Invst LLC now owns 32,686 shares of the real estate investment trust’s stock valued at $2,947,000 after purchasing an additional 2,015 shares during the period. Discipline Wealth Solutions LLC purchased a new position in ProShares Ultra S&P500 during the third quarter worth about $836,000. GG Group Ventures LLC purchased a new position in ProShares Ultra S&P500 during the third quarter worth about $560,000. Finally, Legacy Investment Solutions LLC acquired a new stake in ProShares Ultra S&P500 in the 3rd quarter worth about $1,334,000.

ProShares Ultra S&P500 Stock Up 1.9 %

NYSEARCA SSO opened at $95.78 on Monday. ProShares Ultra S&P500 has a 1-year low of $63.99 and a 1-year high of $100.12. The business’s 50-day simple moving average is $95.70 and its 200-day simple moving average is $89.79.

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.