Unique Wealth LLC Reduces Stake in ProShares Ultra S&P500 (NYSEARCA:SSO)

Unique Wealth LLC decreased its holdings in ProShares Ultra S&P500 (NYSEARCA:SSO) by 12.1% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 127,326 shares of the real estate investment trust’s stock after selling 17,486 shares during the period. ProShares Ultra S&P500 comprises approximately 2.5% of Unique Wealth LLC’s investment portfolio, making the stock its 8th biggest holding. Unique Wealth LLC owned about 0.22% of ProShares Ultra S&P500 worth $11,779,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of SSO. Commonwealth Equity Services LLC boosted its stake in ProShares Ultra S&P500 by 19.9% in the second quarter. Commonwealth Equity Services LLC now owns 3,248 shares of the real estate investment trust’s stock valued at $268,000 after acquiring an additional 539 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in shares of ProShares Ultra S&P500 by 71.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 20,540 shares of the real estate investment trust’s stock worth $1,697,000 after purchasing an additional 8,578 shares in the last quarter. Renaissance Technologies LLC purchased a new position in ProShares Ultra S&P500 during the 2nd quarter worth $2,759,000. Edgestream Partners L.P. purchased a new stake in ProShares Ultra S&P500 in the second quarter valued at about $520,000. Finally, Axxcess Wealth Management LLC grew its stake in shares of ProShares Ultra S&P500 by 123.2% during the second quarter. Axxcess Wealth Management LLC now owns 316,334 shares of the real estate investment trust’s stock worth $26,129,000 after acquiring an additional 174,634 shares during the last quarter.

ProShares Ultra S&P500 Stock Up 0.3 %

Shares of ProShares Ultra S&P500 stock opened at $90.84 on Tuesday. ProShares Ultra S&P500 has a 52 week low of $63.33 and a 52 week high of $100.12. The company has a 50 day moving average price of $95.77 and a 200 day moving average price of $89.50.

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.