ProShares Ultra S&P500 (NYSEARCA:SSO) Shares Sold by Meridian Wealth Management LLC

Meridian Wealth Management LLC trimmed its stake in shares of ProShares Ultra S&P500 (NYSEARCA:SSO) by 7.8% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 17,924 shares of the real estate investment trust’s stock after selling 1,521 shares during the period. Meridian Wealth Management LLC’s holdings in ProShares Ultra S&P500 were worth $1,616,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Fortitude Family Office LLC acquired a new stake in ProShares Ultra S&P500 during the third quarter worth about $42,000. Northwestern Mutual Wealth Management Co. acquired a new stake in ProShares Ultra S&P500 during the second quarter worth about $58,000. CWM LLC boosted its position in ProShares Ultra S&P500 by 964.2% during the second quarter. CWM LLC now owns 862 shares of the real estate investment trust’s stock worth $71,000 after purchasing an additional 781 shares in the last quarter. Eastern Bank purchased a new position in ProShares Ultra S&P500 during the third quarter worth approximately $81,000. Finally, Oliver Lagore Vanvalin Investment Group boosted its position in ProShares Ultra S&P500 by 39.0% during the second quarter. Oliver Lagore Vanvalin Investment Group now owns 1,344 shares of the real estate investment trust’s stock worth $111,000 after purchasing an additional 377 shares in the last quarter.

ProShares Ultra S&P500 Trading Up 0.6 %

Shares of SSO stock opened at $95.92 on Friday. The business’s 50 day moving average is $91.48 and its two-hundred day moving average is $85.23. ProShares Ultra S&P500 has a 12-month low of $59.17 and a 12-month high of $97.70.

ProShares Ultra S&P500 Company 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.