ProShares Ultra S&P500 (NYSEARCA:SSO) Shares Sold by Charter Oak Capital Management LLC

Charter Oak Capital Management LLC trimmed its holdings in ProShares Ultra S&P500 (NYSEARCA:SSO) by 14.4% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 6,177 shares of the real estate investment trust’s stock after selling 1,038 shares during the period. Charter Oak Capital Management LLC’s holdings in ProShares Ultra S&P500 were worth $510,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Assetmark Inc. raised its holdings in shares of ProShares Ultra S&P500 by 100.0% during the 4th quarter. Assetmark Inc. now owns 7,971,102 shares of the real estate investment trust’s stock worth $518,680,000 after acquiring an additional 3,985,950 shares during the period. Adams Wealth Management increased its position in ProShares Ultra S&P500 by 4.7% during the second quarter. Adams Wealth Management now owns 579,609 shares of the real estate investment trust’s stock worth $47,876,000 after purchasing an additional 26,065 shares during the last quarter. Jump Financial LLC purchased a new position in ProShares Ultra S&P500 during the fourth quarter worth about $17,914,000. IMC Chicago LLC purchased a new position in ProShares Ultra S&P500 during the fourth quarter worth about $14,997,000. Finally, Unique Wealth LLC boosted its holdings in ProShares Ultra S&P500 by 1.8% in the 1st quarter. Unique Wealth LLC now owns 169,434 shares of the real estate investment trust’s stock valued at $13,135,000 after purchasing an additional 2,977 shares during the last quarter.

ProShares Ultra S&P500 Stock Up 2.0 %

Shares of NYSEARCA SSO traded up $1.74 during midday trading on Friday, reaching $86.81. 1,997,620 shares of the stock were exchanged, compared to its average volume of 3,298,496. The company has a 50 day simple moving average of $83.09 and a 200 day simple moving average of $77.72. ProShares Ultra S&P500 has a twelve month low of $48.59 and a twelve month high of $88.82.

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.