Grandview Asset Management LLC trimmed its holdings in ProShares Ultra S&P500 (NYSEARCA:SSO – Free Report) by 12.1% during the fourth quarter, Holdings Channel reports. The firm owned 7,205 shares of the real estate investment trust’s stock after selling 995 shares during the quarter. Grandview Asset Management LLC’s holdings in ProShares Ultra S&P500 were worth $667,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Fortitude Family Office LLC acquired a new position in ProShares Ultra S&P500 in the third quarter valued at approximately $42,000. BNP Paribas Financial Markets bought a new position in ProShares Ultra S&P500 during the third quarter worth $48,000. Northwestern Mutual Wealth Management Co. acquired a new stake in ProShares Ultra S&P500 in the second quarter worth $58,000. Abound Wealth Management increased its stake in ProShares Ultra S&P500 by 46.7% in the fourth quarter. Abound Wealth Management now owns 782 shares of the real estate investment trust’s stock valued at $72,000 after purchasing an additional 249 shares in the last quarter. Finally, Eastern Bank acquired a new position in shares of ProShares Ultra S&P500 during the third quarter valued at about $81,000.
ProShares Ultra S&P500 Stock Performance
Shares of SSO opened at $90.84 on Tuesday. ProShares Ultra S&P500 has a one year low of $63.33 and a one year high of $100.12. The stock has a 50-day moving average of $95.77 and a 200-day moving average of $89.50.
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.
Further Reading
- Five stocks we like better than ProShares Ultra S&P500
- Consumer Discretionary Stocks Explained
- 2 Stocks to Gain From Trump Universal Tariffs on Critical Imports
- 3 Natural Gas Stocks That Offer Great Dividend Yields
- Rigetti Computing, Inc.: Buy, Sell, or Hold for 2025
- What is a buyback in stocks? A comprehensive guide for investors
- Delta Can Fly to New Highs in 2025; Here’s Why
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).
Receive News & Ratings for ProShares Ultra S&P500 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares Ultra S&P500 and related companies with MarketBeat.com's FREE daily email newsletter.
