SVB Wealth LLC acquired a new stake in ProShares Ultra S&P500 (NYSEARCA:SSO – Free Report) during the fourth quarter, HoldingsChannel reports. The firm acquired 6,801 shares of the real estate investment trust’s stock, valued at approximately $629,000.
A number of other hedge funds have also made changes to their positions in the business. Wealthspire Advisors LLC increased its holdings in shares of ProShares Ultra S&P500 by 41.7% in the 4th quarter. Wealthspire Advisors LLC now owns 3,771 shares of the real estate investment trust’s stock valued at $349,000 after acquiring an additional 1,110 shares during the last quarter. Compass Planning Associates Inc acquired a new stake in ProShares Ultra S&P500 during the 4th quarter worth $56,000. Wealthstar Advisors LLC acquired a new stake in ProShares Ultra S&P500 during the 4th quarter worth $537,000. IMC Chicago LLC acquired a new stake in ProShares Ultra S&P500 during the 4th quarter worth $9,793,000. Finally, Tyche Wealth Partners LLC raised its stake 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 Price Performance
Shares of NYSEARCA:SSO opened at $90.65 on Tuesday. The company’s fifty day moving average price is $95.81 and its 200 day moving average price is $92.92. ProShares Ultra S&P500 has a 12 month low of $68.75 and a 12 month high of $100.29. The firm has a market capitalization of $5.57 billion, a P/E ratio of 26.71 and a beta of 2.04.
ProShares Ultra S&P500 Company 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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Want to see what other hedge funds are holding SSO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ProShares Ultra S&P500 (NYSEARCA:SSO – Free Report).
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