Farther Finance Advisors LLC Sells 2,485 Shares of ProShares Ultra S&P500 (NYSEARCA:SSO)

Farther Finance Advisors LLC lessened its stake in shares of ProShares Ultra S&P500 (NYSEARCA:SSO) by 24.5% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 7,648 shares of the real estate investment trust’s stock after selling 2,485 shares during the period. Farther Finance Advisors LLC’s holdings in ProShares Ultra S&P500 were worth $690,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Adams Wealth Management raised its holdings 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 acquiring an additional 26,065 shares in the last quarter. Main Street Group LTD increased its position in ProShares Ultra S&P500 by 1.2% during the second quarter. Main Street Group LTD now owns 497,464 shares of the real estate investment trust’s stock worth $41,269,000 after buying an additional 6,110 shares during the last quarter. 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 during the last quarter. Ridgepath Capital Management LLC increased its position in ProShares Ultra S&P500 by 3.1% during the third quarter. Ridgepath Capital Management LLC now owns 312,827 shares of the real estate investment trust’s stock worth $28,208,000 after buying an additional 9,316 shares during the last quarter. Finally, Aveo Capital Partners LLC increased its position in ProShares Ultra S&P500 by 148.7% during the second quarter. Aveo Capital Partners LLC now owns 147,565 shares of the real estate investment trust’s stock worth $12,189,000 after buying an additional 88,222 shares during the last quarter.

ProShares Ultra S&P500 Price Performance

Shares of NYSEARCA SSO opened at $90.36 on Wednesday. The business’s 50 day moving average price is $88.49 and its two-hundred day moving average price is $83.13. ProShares Ultra S&P500 has a twelve month low of $54.33 and a twelve month high of $93.70.

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.