ProShares Ultra S&P500 (NYSEARCA:SSO) Position Increased by JPMorgan Chase & Co.

JPMorgan Chase & Co. lifted its holdings in ProShares Ultra S&P500 (NYSEARCA:SSO) by 21.4% during the third quarter, HoldingsChannel reports. The institutional investor owned 36,272 shares of the real estate investment trust’s stock after purchasing an additional 6,406 shares during the period. JPMorgan Chase & Co.’s holdings in ProShares Ultra S&P500 were worth $3,271,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. BNP Paribas Financial Markets bought a new stake in ProShares Ultra S&P500 in the third quarter valued at $48,000. Creative Planning increased its holdings in shares of ProShares Ultra S&P500 by 6.7% in the 3rd quarter. Creative Planning now owns 33,321 shares of the real estate investment trust’s stock worth $3,005,000 after acquiring an additional 2,080 shares during the period. International Assets Investment Management LLC lifted its position in ProShares Ultra S&P500 by 8,917.0% in the 3rd quarter. International Assets Investment Management LLC now owns 9,017 shares of the real estate investment trust’s stock valued at $813,000 after purchasing an additional 8,917 shares during the last quarter. Sanctuary Advisors LLC acquired a new position in ProShares Ultra S&P500 during the 2nd quarter valued at about $691,000. Finally, Professional Financial Advisors LLC grew its position in ProShares Ultra S&P500 by 0.6% in the 3rd quarter. Professional Financial Advisors LLC now owns 25,231 shares of the real estate investment trust’s stock worth $2,275,000 after purchasing an additional 148 shares during the last quarter.

ProShares Ultra S&P500 Stock Performance

Shares of NYSEARCA:SSO opened at $95.78 on Monday. The firm’s 50 day moving average is $95.70 and its two-hundred day moving average is $89.79. ProShares Ultra S&P500 has a 52 week low of $63.99 and a 52 week high of $100.12.

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.