Commonwealth Equity Services LLC Increases Stake in ProShares Ultra S&P500 (NYSEARCA:SSO)

Commonwealth Equity Services LLC grew its holdings in shares of ProShares Ultra S&P500 (NYSEARCA:SSO) by 7.0% during the 4th quarter, HoldingsChannel reports. The firm owned 4,823 shares of the real estate investment trust’s stock after buying an additional 315 shares during the period. Commonwealth Equity Services LLC’s holdings in ProShares Ultra S&P500 were worth $446,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Chicago Partners Investment Group LLC lifted its stake in ProShares Ultra S&P500 by 1.2% in the 4th quarter. Chicago Partners Investment Group LLC now owns 9,820 shares of the real estate investment trust’s stock worth $917,000 after purchasing an additional 113 shares in the last quarter. Sequoia Financial Advisors LLC lifted its position in ProShares Ultra S&P500 by 3.0% during the fourth quarter. Sequoia Financial Advisors LLC now owns 8,378 shares of the real estate investment trust’s stock worth $775,000 after buying an additional 241 shares in the last quarter. Abound Wealth Management lifted its position in ProShares Ultra S&P500 by 46.7% during the fourth quarter. Abound Wealth Management now owns 782 shares of the real estate investment trust’s stock worth $72,000 after buying an additional 249 shares in the last quarter. Capital Investment Advisory Services LLC boosted its stake in ProShares Ultra S&P500 by 3.8% during the fourth quarter. Capital Investment Advisory Services LLC now owns 9,782 shares of the real estate investment trust’s stock worth $905,000 after buying an additional 361 shares during the last quarter. Finally, BNP Paribas Financial Markets purchased a new stake in ProShares Ultra S&P500 in the 3rd quarter valued at $48,000.

ProShares Ultra S&P500 Price Performance

Shares of SSO stock opened at $67.17 on Friday. The company has a market capitalization of $3.90 billion, a PE ratio of 22.95 and a beta of 2.06. The firm’s 50-day moving average is $90.53 and its two-hundred day moving average is $92.66. ProShares Ultra S&P500 has a 12 month low of $67.01 and a 12 month high of $100.29.

ProShares Ultra S&P500 Cuts Dividend

The business also recently declared a dividend, which was paid on Tuesday, April 1st. Shareholders of record on Wednesday, March 26th were given a dividend of $0.1656 per share. The ex-dividend date of this dividend was Wednesday, March 26th.

About ProShares Ultra S&P500

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.