Eastern Bank purchased a new stake in ProShares Ultra S&P500 (NYSEARCA:SSO – Free Report) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 899 shares of the real estate investment trust’s stock, valued at approximately $81,000.
Several other institutional investors and hedge funds have also recently modified their holdings of SSO. Founders Financial Securities LLC increased its stake in ProShares Ultra S&P500 by 6.5% during the 1st quarter. Founders Financial Securities LLC now owns 4,130 shares of the real estate investment trust’s stock worth $320,000 after buying an additional 251 shares in the last quarter. Ashton Thomas Private Wealth LLC boosted its holdings in shares of ProShares Ultra S&P500 by 135.9% during the 1st quarter. Ashton Thomas Private Wealth LLC now owns 36,550 shares of the real estate investment trust’s stock worth $2,833,000 after purchasing an additional 21,053 shares during the last quarter. Norden Group LLC acquired a new position in shares of ProShares Ultra S&P500 during the 1st quarter worth approximately $616,000. Sequoia Financial Advisors LLC acquired a new position in shares of ProShares Ultra S&P500 during the 1st quarter worth approximately $629,000. Finally, Whittier Trust Co. acquired a new position in shares of ProShares Ultra S&P500 during the 1st quarter worth approximately $60,000.
ProShares Ultra S&P500 Stock Performance
Shares of ProShares Ultra S&P500 stock opened at $91.31 on Friday. The stock’s 50 day simple moving average is $88.02 and its 200-day simple moving average is $82.28. ProShares Ultra S&P500 has a 1-year low of $48.59 and a 1-year high of $93.70.
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.
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