Headlands Technologies LLC Takes Position in ProShares Ultra S&P500 (NYSEARCA:SSO)

Headlands Technologies LLC purchased a new position in shares of ProShares Ultra S&P500 (NYSEARCA:SSO) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 1,967 shares of the real estate investment trust’s stock, valued at approximately $128,000.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Tennessee Valley Asset Management Partners acquired a new position in ProShares Ultra S&P500 in the fourth quarter valued at about $26,000. Anchor Investment Management LLC acquired a new stake in shares of ProShares Ultra S&P500 during the 4th quarter worth approximately $65,000. Modera Wealth Management LLC bought a new position in ProShares Ultra S&P500 in the third quarter valued at approximately $184,000. Institute for Wealth Management LLC. bought a new stake in ProShares Ultra S&P500 during the fourth quarter worth $201,000. Finally, Wealthsource Partners LLC acquired a new stake in shares of ProShares Ultra S&P500 in the 4th quarter valued at $229,000.

ProShares Ultra S&P500 Price Performance

ProShares Ultra S&P500 stock opened at $73.19 on Tuesday. ProShares Ultra S&P500 has a 52 week low of $48.47 and a 52 week high of $77.96. The stock has a fifty day moving average of $74.16 and a 200-day moving average of $66.19.

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.