Institute for Wealth Management LLC. Sells 110 Shares of ProShares Ultra S&P500 (NYSEARCA:SSO)

Institute for Wealth Management LLC. lessened its position in ProShares Ultra S&P500 (NYSEARCA:SSO) by 3.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,865 shares of the real estate investment trust’s stock after selling 110 shares during the quarter. Institute for Wealth Management LLC.’s holdings in ProShares Ultra S&P500 were worth $265,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Client First Investment Management LLC raised its position in ProShares Ultra S&P500 by 15.9% in the 4th quarter. Client First Investment Management LLC now owns 388,008 shares of the real estate investment trust’s stock worth $35,895,000 after purchasing an additional 53,310 shares during the period. Axxcess Wealth Management LLC raised its holdings in shares of ProShares Ultra S&P500 by 0.3% in the third quarter. Axxcess Wealth Management LLC now owns 317,197 shares of the real estate investment trust’s stock worth $28,602,000 after buying an additional 863 shares during the period. Ridgepath Capital Management LLC raised its holdings in shares of ProShares Ultra S&P500 by 0.8% in the fourth quarter. Ridgepath Capital Management LLC now owns 315,299 shares of the real estate investment trust’s stock worth $29,168,000 after buying an additional 2,472 shares during the period. Exchange Traded Concepts LLC bought a new stake in shares of ProShares Ultra S&P500 during the 4th quarter worth approximately $6,711,000. Finally, Kingswood Wealth Advisors LLC boosted its holdings in ProShares Ultra S&P500 by 563.4% during the 4th quarter. Kingswood Wealth Advisors LLC now owns 72,247 shares of the real estate investment trust’s stock valued at $6,684,000 after acquiring an additional 61,356 shares during the period.

ProShares Ultra S&P500 Trading Down 1.1 %

SSO stock opened at $96.89 on Friday. ProShares Ultra S&P500 has a twelve month low of $66.68 and a twelve month high of $100.12. The business’s fifty day simple moving average is $96.18 and its two-hundred day simple moving average is $90.54.

ProShares Ultra S&P500 Company 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.