ProShares Ultra S&P500 $SSO Shares Sold by Dale Q Rice Investment Management Ltd

Dale Q Rice Investment Management Ltd trimmed its position in ProShares Ultra S&P500 (NYSEARCA:SSO) by 50.0% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,341 shares of the real estate investment trust’s stock after selling 2,341 shares during the period. Dale Q Rice Investment Management Ltd’s holdings in ProShares Ultra S&P500 were worth $233,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Envestnet Portfolio Solutions Inc. lifted its position in ProShares Ultra S&P500 by 36.8% in the first quarter. Envestnet Portfolio Solutions Inc. now owns 5,349 shares of the real estate investment trust’s stock worth $443,000 after purchasing an additional 1,439 shares during the period. Bank of New York Mellon Corp lifted its position in ProShares Ultra S&P500 by 137.1% in the first quarter. Bank of New York Mellon Corp now owns 10,312 shares of the real estate investment trust’s stock worth $854,000 after purchasing an additional 5,963 shares during the period. Envestnet Asset Management Inc. lifted its position in ProShares Ultra S&P500 by 47.1% in the first quarter. Envestnet Asset Management Inc. now owns 16,161 shares of the real estate investment trust’s stock worth $1,338,000 after purchasing an additional 5,172 shares during the period. NBZ Investment Advisors LLC acquired a new stake in ProShares Ultra S&P500 in the first quarter worth approximately $11,645,000. Finally, Norden Group LLC lifted its position in ProShares Ultra S&P500 by 7.8% in the second quarter. Norden Group LLC now owns 7,758 shares of the real estate investment trust’s stock worth $758,000 after purchasing an additional 559 shares during the period.

ProShares Ultra S&P500 Stock Performance

Shares of NYSEARCA:SSO opened at $111.07 on Friday. ProShares Ultra S&P500 has a one year low of $60.84 and a one year high of $114.61. The stock has a fifty day moving average of $108.44 and a 200-day moving average of $95.75. The company has a market capitalization of $7.64 billion, a PE ratio of 24.25 and a beta of 2.03.

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.