Sanctuary Advisors LLC Takes Position in ProShares Ultra S&P500 (NYSEARCA:SSO)

Sanctuary Advisors LLC bought a new position in shares of ProShares Ultra S&P500 (NYSEARCA:SSO) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 8,370 shares of the real estate investment trust’s stock, valued at approximately $691,000.

Several other hedge funds have also recently added to or reduced their stakes in SSO. Northwestern Mutual Wealth Management Co. acquired a new stake in shares of ProShares Ultra S&P500 in the 2nd quarter valued at $58,000. Whittier Trust Co. acquired a new position in shares of ProShares Ultra S&P500 during the 1st quarter worth about $60,000. CWM LLC increased 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 acquiring an additional 781 shares during the last quarter. Oliver Lagore Vanvalin Investment Group lifted its stake in ProShares Ultra S&P500 by 39.0% during the second quarter. Oliver Lagore Vanvalin Investment Group now owns 1,344 shares of the real estate investment trust’s stock worth $111,000 after purchasing an additional 377 shares during the last quarter. Finally, Hantz Financial Services Inc. acquired a new position in ProShares Ultra S&P500 in the second quarter valued at approximately $163,000.

ProShares Ultra S&P500 Trading Up 1.1 %

Shares of ProShares Ultra S&P500 stock opened at $91.67 on Monday. ProShares Ultra S&P500 has a 52 week low of $48.59 and a 52 week high of $91.93. The firm’s 50 day moving average is $85.35 and its two-hundred day moving average is $81.25.

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.