XR Securities LLC purchased a new position in shares of ProShares Ultra S&P500 (NYSEARCA:SSO – Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 10,713 shares of the real estate investment trust’s stock, valued at approximately $885,000.
A number of other hedge funds and other institutional investors have also modified their holdings of the business. Assetmark Inc. raised its stake in shares of ProShares Ultra S&P500 by 100.0% in the 4th quarter. Assetmark Inc. now owns 7,971,102 shares of the real estate investment trust’s stock valued at $518,680,000 after acquiring an additional 3,985,950 shares in the last quarter. Adams Wealth Management raised its position in shares of ProShares Ultra S&P500 by 4.7% in the second quarter. Adams Wealth Management now owns 579,609 shares of the real estate investment trust’s stock valued at $47,876,000 after purchasing an additional 26,065 shares during the period. Jump Financial LLC acquired a new stake in shares of ProShares Ultra S&P500 in the fourth quarter worth $17,914,000. IMC Chicago LLC acquired a new stake in shares of ProShares Ultra S&P500 in the fourth quarter worth $14,997,000. Finally, Unique Wealth LLC boosted its holdings in shares of ProShares Ultra S&P500 by 1.8% during the 1st quarter. Unique Wealth LLC now owns 169,434 shares of the real estate investment trust’s stock worth $13,135,000 after buying an additional 2,977 shares during the period.
ProShares Ultra S&P500 Trading Down 3.4 %
Shares of SSO opened at $79.98 on Friday. ProShares Ultra S&P500 has a one year low of $48.59 and a one year high of $88.82. The company’s fifty day moving average price is $83.51 and its 200 day moving average price is $78.81.
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 are earnings reports?
- Is Merck Stock Undervalued After Its Colossal Earnings Growth?
- Quiet Period Expirations Explained
- Top 5 ETFs for Every Investor: From Semiconductors to Defense
- What does consumer price index measure?
- Blade Air Mobility: This Under-the-Radar Stock Could Double Soon
Want to see what other hedge funds are holding SSO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ProShares Ultra S&P500 (NYSEARCA:SSO – Free Report).
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.