X Square Capital LLC Trims Stock Position in ProShares Ultra S&P500 (NYSEARCA:SSO)

X Square Capital LLC cut its position in shares of ProShares Ultra S&P500 (NYSEARCA:SSO) by 47.3% during the third quarter, Holdings Channel.com reports. The firm owned 4,496 shares of the real estate investment trust’s stock after selling 4,040 shares during the quarter. X Square Capital LLC’s holdings in ProShares Ultra S&P500 were worth $405,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the company. Adams Wealth Management raised its stake in ProShares Ultra S&P500 by 4.7% during the second quarter. Adams Wealth Management now owns 579,609 shares of the real estate investment trust’s stock worth $47,876,000 after purchasing an additional 26,065 shares during the period. Main Street Group LTD raised its stake in ProShares Ultra S&P500 by 1.2% during the second quarter. Main Street Group LTD now owns 497,464 shares of the real estate investment trust’s stock worth $41,269,000 after purchasing an additional 6,110 shares during the period. Axxcess Wealth Management LLC raised its stake in ProShares Ultra S&P500 by 123.2% during the second quarter. Axxcess Wealth Management LLC now owns 316,334 shares of the real estate investment trust’s stock worth $26,129,000 after purchasing an additional 174,634 shares during the period. Aveo Capital Partners LLC raised its stake in ProShares Ultra S&P500 by 148.7% during the second quarter. Aveo Capital Partners LLC now owns 147,565 shares of the real estate investment trust’s stock worth $12,189,000 after purchasing an additional 88,222 shares during the period. Finally, Tactive Advisors LLC raised its stake in ProShares Ultra S&P500 by 92.7% during the first quarter. Tactive Advisors LLC now owns 138,715 shares of the real estate investment trust’s stock worth $10,753,000 after purchasing an additional 66,715 shares during the period.

ProShares Ultra S&P500 Stock Down 1.9 %

Shares of SSO stock opened at $91.00 on Thursday. The firm’s 50-day moving average is $87.74 and its two-hundred day moving average is $82.11. ProShares Ultra S&P500 has a 12 month low of $48.59 and a 12 month high of $93.70.

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.