ProShares Ultra S&P500 (NYSEARCA:SSO) Shares Sold by Charter Oak Capital Management LLC

Charter Oak Capital Management LLC trimmed its holdings in ProShares Ultra S&P500 (NYSEARCA:SSO) by 14.4% in the second quarter, Holdings Channel.com reports. The fund owned 6,177 shares of the real estate investment trust’s stock after selling 1,038 shares during the period. Charter Oak Capital Management LLC’s holdings in ProShares Ultra S&P500 were worth $510,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. GUNN & Co INVESTMENT MANAGEMENT INC. purchased a new stake in shares of ProShares Ultra S&P500 in the 4th quarter valued at approximately $3,740,000. Spire Wealth Management lifted its holdings in shares of ProShares Ultra S&P500 by 1.9% in the fourth quarter. Spire Wealth Management now owns 75,620 shares of the real estate investment trust’s stock valued at $5,043,000 after purchasing an additional 1,401 shares in the last quarter. Arlington Capital Management Inc. acquired a new stake in shares of ProShares Ultra S&P500 in the fourth quarter worth $2,262,000. Paradigm Financial Partners LLC grew its holdings in shares of ProShares Ultra S&P500 by 97.8% during the fourth quarter. Paradigm Financial Partners LLC now owns 8,579 shares of the real estate investment trust’s stock valued at $558,000 after buying an additional 4,241 shares in the last quarter. Finally, Wealthspire Advisors LLC acquired a new position in ProShares Ultra S&P500 during the first quarter valued at $206,000.

ProShares Ultra S&P500 Trading Up 2.0 %

NYSEARCA SSO traded up $1.74 during trading on Friday, reaching $86.81. 1,997,620 shares of the company’s stock were exchanged, compared to its average volume of 3,298,496. ProShares Ultra S&P500 has a fifty-two week low of $48.59 and a fifty-two week high of $88.82. The company’s fifty day simple moving average is $83.09 and its 200-day simple moving average is $77.72.

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.