Capital Investment Counsel Inc Has $7.28 Million Holdings in ProShares Ultra S&P500 (NYSEARCA:SSO)

Capital Investment Counsel Inc trimmed its position in shares of ProShares Ultra S&P500 (NYSEARCA:SSO) by 1.2% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 80,702 shares of the real estate investment trust’s stock after selling 1,000 shares during the quarter. ProShares Ultra S&P500 makes up about 1.0% of Capital Investment Counsel Inc’s investment portfolio, making the stock its 16th largest holding. Capital Investment Counsel Inc’s holdings in ProShares Ultra S&P500 were worth $7,277,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. Northwestern Mutual Wealth Management Co. bought a new stake in ProShares Ultra S&P500 in the second quarter worth $58,000. Whittier Trust Co. bought a new stake in shares of ProShares Ultra S&P500 during the 1st quarter worth about $60,000. CWM LLC boosted its stake in shares of ProShares Ultra S&P500 by 964.2% during the 2nd quarter. CWM LLC now owns 862 shares of the real estate investment trust’s stock worth $71,000 after acquiring an additional 781 shares in the last quarter. Eastern Bank acquired a new position in shares of ProShares Ultra S&P500 during the 3rd quarter valued at about $81,000. Finally, Oliver Lagore Vanvalin Investment Group raised its stake in shares of ProShares Ultra S&P500 by 39.0% in the 2nd quarter. Oliver Lagore Vanvalin Investment Group now owns 1,344 shares of the real estate investment trust’s stock valued at $111,000 after acquiring an additional 377 shares in the last quarter.

ProShares Ultra S&P500 Stock Down 1.9 %

Shares of ProShares Ultra S&P500 stock opened at $91.00 on Thursday. ProShares Ultra S&P500 has a 12-month low of $48.59 and a 12-month high of $93.70. The stock has a 50 day moving average price of $87.74 and a two-hundred day moving average price of $82.11.

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.