First National Corp MA ADV lessened its position in ProShares Ultra S&P500 (NYSEARCA:SSO – Free Report) by 0.5% in the 4th quarter, Holdings Channel.com reports. The fund owned 32,132 shares of the real estate investment trust’s stock after selling 150 shares during the period. First National Corp MA ADV’s holdings in ProShares Ultra S&P500 were worth $2,973,000 at the end of the most recent quarter.
A number of other large investors have also recently made changes to their positions in SSO. Fortitude Family Office LLC bought a new stake in ProShares Ultra S&P500 in the third quarter worth about $42,000. BNP Paribas Financial Markets purchased a new stake in shares of ProShares Ultra S&P500 in the third quarter worth approximately $48,000. Northwestern Mutual Wealth Management Co. bought a new stake in shares of ProShares Ultra S&P500 during the 2nd quarter worth approximately $58,000. Abound Wealth Management boosted 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 valued at $72,000 after acquiring an additional 249 shares during the period. Finally, Eastern Bank bought a new position in ProShares Ultra S&P500 in the 3rd quarter valued at $81,000.
ProShares Ultra S&P500 Trading Down 1.9 %
SSO stock opened at $96.44 on Monday. ProShares Ultra S&P500 has a twelve month low of $68.63 and a twelve month high of $100.12. The business’s fifty day simple moving average is $96.15 and its two-hundred day simple moving average is $91.02.
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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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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