ProShares Ultra S&P500 (NYSEARCA:SSO) is Unique Wealth LLC’s 8th Largest Position

Unique Wealth LLC reduced its holdings in ProShares Ultra S&P500 (NYSEARCA:SSO) by 12.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund 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 2.5% of Unique Wealth LLC’s holdings, making the stock its 8th biggest position. Unique Wealth LLC’s holdings in ProShares Ultra S&P500 were worth $11,779,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Fortitude Family Office LLC purchased a new position in ProShares Ultra S&P500 during the third quarter worth approximately $42,000. BNP Paribas Financial Markets purchased a new position in shares of ProShares Ultra S&P500 during the 3rd quarter valued at approximately $48,000. Northwestern Mutual Wealth Management Co. acquired a new stake in ProShares Ultra S&P500 in the 2nd quarter valued at $58,000. Abound Wealth Management increased its holdings in ProShares Ultra S&P500 by 46.7% in the 4th quarter. Abound Wealth Management now owns 782 shares of the real estate investment trust’s stock worth $72,000 after acquiring an additional 249 shares in the last quarter. Finally, Eastern Bank acquired a new position in ProShares Ultra S&P500 during the third quarter worth $81,000.

ProShares Ultra S&P500 Stock Performance

SSO opened at $90.84 on Tuesday. ProShares Ultra S&P500 has a twelve month low of $63.33 and a twelve month 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 Company 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.