Tradition Wealth Management LLC Sells 40,000 Shares of ProShares Ultra SmallCap600 $SAA

Tradition Wealth Management LLC decreased its holdings in ProShares Ultra SmallCap600 (NYSEARCA:SAA) by 16.3% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 205,000 shares of the company’s stock after selling 40,000 shares during the period. Tradition Wealth Management LLC owned approximately 0.25% of ProShares Ultra SmallCap600 worth $5,285,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. LTG Capital LLC lifted its stake in shares of ProShares Ultra SmallCap600 by 0.8% in the 3rd quarter. LTG Capital LLC now owns 358,427 shares of the company’s stock valued at $9,181,000 after acquiring an additional 2,720 shares during the last quarter. Osaic Holdings Inc. boosted its position in ProShares Ultra SmallCap600 by 532.8% during the second quarter. Osaic Holdings Inc. now owns 7,960 shares of the company’s stock valued at $176,000 after acquiring an additional 6,702 shares during the last quarter. Corient Private Wealth LLC boosted its position in ProShares Ultra SmallCap600 by 14.0% during the second quarter. Corient Private Wealth LLC now owns 36,065 shares of the company’s stock valued at $798,000 after acquiring an additional 4,439 shares during the last quarter. Finally, Bank of America Corp DE bought a new stake in ProShares Ultra SmallCap600 during the second quarter valued at $129,000.

ProShares Ultra SmallCap600 Trading Down 3.4%

Shares of SAA opened at $32.67 on Friday. The stock has a market capitalization of $26.46 million, a P/E ratio of 15.32 and a beta of 2.04. The firm’s fifty day simple moving average is $31.17 and its two-hundred day simple moving average is $28.94. ProShares Ultra SmallCap600 has a 12 month low of $20.51 and a 12 month high of $34.04.

ProShares Ultra SmallCap600 Profile

ProShares Ultra SmallCap600 (the Fund) seeks daily investment results that correspond to twice (200%) the daily performance of the S&P SmallCap 600 Index (the Index). The Fund intends to invest at least 80% of its net assets, including any borrowings for investment purposes, under normal circumstances, to equity securities contained in the Index and/or financial instruments that, in combination, have similar economic characteristics. The Fund also intends to invest assets not invested in financial instruments, in debt instruments and/or money market instruments.