ProShares Ultra S&P500 (NYSEARCA:SSO) Shares Sold by Norden Group LLC

Norden Group LLC trimmed its holdings in ProShares Ultra S&P500 (NYSEARCA:SSO) by 3.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 7,365 shares of the real estate investment trust’s stock after selling 280 shares during the quarter. Norden Group LLC’s holdings in ProShares Ultra S&P500 were worth $681,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. BNP Paribas Financial Markets purchased a new stake in ProShares Ultra S&P500 during the third quarter valued at about $48,000. Compass Planning Associates Inc purchased a new stake in ProShares Ultra S&P500 during the fourth quarter valued at about $56,000. Abound Wealth Management lifted its stake in ProShares Ultra S&P500 by 46.7% during the fourth quarter. Abound Wealth Management now owns 782 shares of the real estate investment trust’s stock valued at $72,000 after buying an additional 249 shares in the last quarter. Morse Asset Management Inc purchased a new stake in ProShares Ultra S&P500 during the third quarter valued at about $145,000. Finally, Eastern Bank lifted its stake in ProShares Ultra S&P500 by 117.5% during the fourth quarter. Eastern Bank now owns 1,955 shares of the real estate investment trust’s stock valued at $181,000 after buying an additional 1,056 shares in the last quarter.

ProShares Ultra S&P500 Trading Down 3.4 %

SSO stock opened at $90.65 on Tuesday. The firm has a market capitalization of $5.57 billion, a PE ratio of 26.71 and a beta of 2.04. ProShares Ultra S&P500 has a one year low of $68.75 and a one year high of $100.29. The firm has a 50-day moving average of $95.81 and a two-hundred day moving average of $92.92.

About ProShares Ultra S&P500

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.