Bank of New York Mellon Corp Purchases Shares of 16,331 ProShares Ultra S&P500 (NYSEARCA:SSO)

Bank of New York Mellon Corp bought a new stake in ProShares Ultra S&P500 (NYSEARCA:SSOFree Report) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 16,331 shares of the real estate investment trust’s stock, valued at approximately $872,000.

A number of other hedge funds have also recently added to or reduced their stakes in SSO. Bank of America Corp DE lifted its holdings in shares of ProShares Ultra S&P500 by 158.7% during the first quarter. Bank of America Corp DE now owns 388 shares of the real estate investment trust’s stock worth $25,000 after purchasing an additional 238 shares during the period. Resurgent Financial Advisors LLC acquired a new position in shares of ProShares Ultra S&P500 during the second quarter worth $27,000. Stonebridge Capital Advisors LLC lifted its holdings in shares of ProShares Ultra S&P500 by 100.0% during the first quarter. Stonebridge Capital Advisors LLC now owns 500 shares of the real estate investment trust’s stock worth $33,000 after purchasing an additional 250 shares during the period. Coppell Advisory Solutions Corp. acquired a new position in shares of ProShares Ultra S&P500 during the fourth quarter worth $43,000. Finally, Bank of Montreal Can bought a new position in ProShares Ultra S&P500 during the second quarter worth $44,000.

ProShares Ultra S&P500 Price Performance

Shares of NYSEARCA SSO opened at $71.67 on Friday. ProShares Ultra S&P500 has a twelve month low of $43.29 and a twelve month high of $71.78. The firm has a fifty day simple moving average of $65.30 and a 200 day simple moving average of $59.59.

About ProShares Ultra S&P500

(Free Report)

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.

Featured Articles

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:SSOFree Report).

Institutional Ownership by Quarter for ProShares Ultra S&P500 (NYSEARCA:SSO)

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.