1,326 Shares in ProShares Ultra S&P500 (NYSEARCA:SSO) Acquired by Physician Wealth Advisors Inc.

Physician Wealth Advisors Inc. acquired a new stake in shares of ProShares Ultra S&P500 (NYSEARCA:SSO) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,326 shares of the real estate investment trust’s stock, valued at approximately $123,000.

A number of other large investors have also bought and sold shares of SSO. Orion Portfolio Solutions LLC bought a new position in shares of ProShares Ultra S&P500 during the 4th quarter worth $837,000. X Square Capital LLC lifted its holdings in ProShares Ultra S&P500 by 11.1% during the fourth quarter. X Square Capital LLC now owns 4,996 shares of the real estate investment trust’s stock valued at $462,000 after purchasing an additional 500 shares during the last quarter. Blair William & Co. IL boosted its position in ProShares Ultra S&P500 by 28.8% during the fourth quarter. Blair William & Co. IL now owns 8,035 shares of the real estate investment trust’s stock worth $743,000 after purchasing an additional 1,799 shares during the period. Arlington Capital Management Inc. purchased a new position in shares of ProShares Ultra S&P500 in the fourth quarter worth about $1,252,000. Finally, Crowley Wealth Management Inc. bought a new stake in shares of ProShares Ultra S&P500 in the fourth quarter valued at approximately $4,510,000.

ProShares Ultra S&P500 Trading Down 4.0 %

Shares of SSO stock opened at $81.80 on Monday. The firm’s 50 day moving average is $92.46 and its 200 day moving average is $92.97. The stock has a market capitalization of $4.74 billion, a P/E ratio of 22.95 and a beta of 2.06. ProShares Ultra S&P500 has a 12 month low of $68.75 and a 12 month high of $100.29.

ProShares Ultra S&P500 Cuts Dividend

The business also recently announced a dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Wednesday, March 26th will be given a dividend of $0.1656 per share. The ex-dividend date is Wednesday, March 26th.

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.