SVB Wealth LLC Buys New Shares in ProShares Ultra S&P500 (NYSEARCA:SSO)

SVB Wealth LLC bought a new stake in ProShares Ultra S&P500 (NYSEARCA:SSO) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 6,801 shares of the real estate investment trust’s stock, valued at approximately $629,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Chicago Partners Investment Group LLC boosted its holdings in ProShares Ultra S&P500 by 1.2% in the fourth quarter. Chicago Partners Investment Group LLC now owns 9,820 shares of the real estate investment trust’s stock valued at $917,000 after purchasing an additional 113 shares during the period. Abound Wealth Management grew its holdings in ProShares Ultra S&P500 by 46.7% during the 4th quarter. Abound Wealth Management now owns 782 shares of the real estate investment trust’s stock worth $72,000 after acquiring an additional 249 shares in the last quarter. Capital Investment Advisory Services LLC grew its holdings in ProShares Ultra S&P500 by 3.8% during the 4th quarter. Capital Investment Advisory Services LLC now owns 9,782 shares of the real estate investment trust’s stock worth $905,000 after acquiring an additional 361 shares in the last quarter. BNP Paribas Financial Markets acquired a new position in ProShares Ultra S&P500 during the 3rd quarter worth approximately $48,000. Finally, Tyche Wealth Partners LLC grew its holdings in ProShares Ultra S&P500 by 18.7% during the 4th quarter. Tyche Wealth Partners LLC now owns 3,515 shares of the real estate investment trust’s stock worth $325,000 after acquiring an additional 553 shares in the last quarter.

ProShares Ultra S&P500 Stock Down 3.4 %

NYSEARCA SSO opened at $90.65 on Tuesday. ProShares Ultra S&P500 has a 52 week low of $68.75 and a 52 week high of $100.29. The stock has a market capitalization of $5.57 billion, a PE ratio of 26.71 and a beta of 2.04. The firm has a 50 day moving average of $95.81 and a two-hundred day moving average of $92.92.

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.