Dale Q Rice Investment Management Ltd Takes $433,000 Position in ProShares Ultra S&P500 (NYSEARCA:SSO)

Dale Q Rice Investment Management Ltd acquired a new position in ProShares Ultra S&P500 (NYSEARCA:SSO) during the 4th quarter, according to its most recent filing with the SEC. The fund acquired 4,682 shares of the real estate investment trust’s stock, valued at approximately $433,000.

A number of other large investors have also recently added to or reduced their stakes in SSO. Commonwealth Equity Services LLC lifted its holdings in shares of 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 purchasing an additional 539 shares in the last quarter. Envestnet Asset Management Inc. raised its position in shares of ProShares Ultra S&P500 by 71.7% during 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 during the last quarter. Renaissance Technologies LLC purchased a new stake in ProShares Ultra S&P500 in the 2nd quarter valued at approximately $2,759,000. Edgestream Partners L.P. acquired a new stake in ProShares Ultra S&P500 during the 2nd quarter valued at $520,000. Finally, Axxcess Wealth Management LLC increased its position in 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 buying an additional 174,634 shares in the last quarter.

ProShares Ultra S&P500 Price Performance

NYSEARCA SSO opened at $90.84 on Tuesday. ProShares Ultra S&P500 has a fifty-two week low of $63.33 and a fifty-two week high of $100.12. The business has a fifty day moving average of $95.77 and a 200-day moving average 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.