Eagle Wealth Strategies LLC Invests $207,000 in ProShares Ultra S&P500 (NYSEARCA:SSO)

Eagle Wealth Strategies LLC bought a new position in ProShares Ultra S&P500 (NYSEARCA:SSO) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 2,297 shares of the real estate investment trust’s stock, valued at approximately $207,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. purchased a new stake in ProShares Ultra S&P500 in the 2nd quarter worth approximately $58,000. Whittier Trust Co. acquired a new position in shares of ProShares Ultra S&P500 in the 1st quarter valued at $60,000. CWM LLC boosted its holdings in shares of ProShares Ultra S&P500 by 964.2% in the 2nd quarter. CWM LLC now owns 862 shares of the real estate investment trust’s stock valued at $71,000 after purchasing an additional 781 shares during the last quarter. Oliver Lagore Vanvalin Investment Group boosted its holdings in shares of ProShares Ultra S&P500 by 39.0% in the 2nd quarter. Oliver Lagore Vanvalin Investment Group now owns 1,344 shares of the real estate investment trust’s stock valued at $111,000 after purchasing an additional 377 shares during the last quarter. Finally, Hantz Financial Services Inc. acquired a new position in shares of ProShares Ultra S&P500 in the 2nd quarter valued at $163,000.

ProShares Ultra S&P500 Stock Up 0.1 %

Shares of SSO traded up $0.12 during mid-day trading on Wednesday, reaching $89.89. The company had a trading volume of 242,810 shares, compared to its average volume of 3,157,945. The firm has a fifty day simple moving average of $84.76 and a 200-day simple moving average of $80.95. ProShares Ultra S&P500 has a fifty-two week low of $48.59 and a fifty-two week high of $90.47.

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.