ProShares Ultra S&P500 (NYSEARCA:SSO) Shares Sold by First National Corp MA ADV

First National Corp MA ADV trimmed its holdings in ProShares Ultra S&P500 (NYSEARCA:SSO) by 1.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 32,282 shares of the real estate investment trust’s stock after selling 334 shares during the quarter. First National Corp MA ADV’s holdings in ProShares Ultra S&P500 were worth $2,911,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Founders Financial Securities LLC raised its holdings in shares of ProShares Ultra S&P500 by 6.5% in the first quarter. Founders Financial Securities LLC now owns 4,130 shares of the real estate investment trust’s stock valued at $320,000 after buying an additional 251 shares during the last quarter. Galvin Gaustad & Stein LLC increased its position in ProShares Ultra S&P500 by 4.6% in the 2nd quarter. Galvin Gaustad & Stein LLC now owns 6,900 shares of the real estate investment trust’s stock valued at $570,000 after acquiring an additional 305 shares during the period. Oliver Lagore Vanvalin Investment Group raised its stake in ProShares Ultra S&P500 by 39.0% during 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 acquiring an additional 377 shares during the last quarter. Commonwealth Equity Services LLC lifted its position in ProShares Ultra S&P500 by 19.9% during the 2nd quarter. Commonwealth Equity Services LLC now owns 3,248 shares of the real estate investment trust’s stock worth $268,000 after acquiring an additional 539 shares during the period. Finally, Northwestern Mutual Wealth Management Co. purchased a new position in shares of ProShares Ultra S&P500 in the 2nd quarter valued at approximately $58,000.

ProShares Ultra S&P500 Price Performance

Shares of NYSEARCA SSO traded up $0.19 during mid-day trading on Wednesday, hitting $89.96. 312,187 shares of the company were exchanged, compared to its average volume of 3,158,301. The stock has a 50 day simple moving average of $84.76 and a 200-day simple moving average of $80.95. ProShares Ultra S&P500 has a 1-year low of $48.59 and a 1-year 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.