Institute for Wealth Management LLC. acquired a new stake in ProShares Ultra S&P500 (NYSE:SSO) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 19,068 shares of the real estate investment trust’s stock, valued at approximately $1,709,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Bronfman E.L. Rothschild L.P. acquired a new stake in shares of ProShares Ultra S&P500 in the second quarter valued at $152,000. Empirical Finance LLC acquired a new stake in shares of ProShares Ultra S&P500 in the second quarter valued at $574,000. Stratos Wealth Partners LTD. raised its stake in shares of ProShares Ultra S&P500 by 1.0% in the second quarter. Stratos Wealth Partners LTD. now owns 7,257 shares of the real estate investment trust’s stock valued at $649,000 after acquiring an additional 74 shares in the last quarter. Oppenheimer Asset Management Inc. raised its stake in shares of ProShares Ultra S&P500 by 37,750.0% in the second quarter. Oppenheimer Asset Management Inc. now owns 7,570 shares of the real estate investment trust’s stock valued at $677,000 after acquiring an additional 7,550 shares in the last quarter. Finally, IFP Advisors Inc raised its stake in shares of ProShares Ultra S&P500 by 64.4% in the second quarter. IFP Advisors Inc now owns 7,597 shares of the real estate investment trust’s stock valued at $680,000 after acquiring an additional 2,976 shares in the last quarter.

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Shares of ProShares Ultra S&P500 (SSO) traded up 0.69% during mid-day trading on Friday, hitting $96.74. The stock had a trading volume of 1,014,616 shares. The company’s 50 day moving average price is $92.75 and its 200 day moving average price is $89.09. ProShares Ultra S&P500 has a 12-month low of $65.72 and a 12-month high of $96.80.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 5th. Investors of record on Thursday, September 28th will be issued a dividend of $0.0901 per share. This is a positive change from ProShares Ultra S&P500’s previous quarterly dividend of $0.08. The ex-dividend date of this dividend is Wednesday, September 27th. This represents a $0.36 annualized dividend and a dividend yield of 0.37%.

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.

Institutional Ownership by Quarter for ProShares Ultra S&P500 (NYSE:SSO)

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