HighTower Advisors LLC increased its holdings in ProShares Ultra S&P500 (NYSE:SSO) by 1.2% in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 91,843 shares of the real estate investment trust’s stock after buying an additional 1,053 shares during the quarter. HighTower Advisors LLC’s holdings in ProShares Ultra S&P500 were worth $8,215,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in SSO. Allegis Investment Advisors LLC increased its holdings in ProShares Ultra S&P500 by 124.1% in the 2nd quarter. Allegis Investment Advisors LLC now owns 85,953 shares of the real estate investment trust’s stock worth $7,688,000 after buying an additional 47,594 shares in the last quarter. Cedar Capital LLC increased its holdings in ProShares Ultra S&P500 by 169.1% in the 2nd quarter. Cedar Capital LLC now owns 74,671 shares of the real estate investment trust’s stock worth $6,679,000 after buying an additional 46,921 shares in the last quarter. Sawtooth Solutions LLC bought a new stake in ProShares Ultra S&P500 in the 2nd quarter worth about $2,227,000. Weatherstone Capital Management bought a new stake in ProShares Ultra S&P500 in the 2nd quarter worth about $1,499,000. Finally, GenWealth Group Inc. bought a new stake in ProShares Ultra S&P500 in the 2nd quarter worth about $1,464,000.

ProShares Ultra S&P500 (NYSE:SSO) traded up 0.69% during midday trading on Friday, reaching $96.74. The company had a trading volume of 1,014,616 shares. The firm has a 50-day moving average of $92.75 and a 200 day moving average of $89.09. ProShares Ultra S&P500 has a 1-year low of $65.72 and a 1-year 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 given a dividend of $0.0901 per share. This is a positive change from ProShares Ultra S&P500’s previous quarterly dividend of $0.08. This represents a $0.36 annualized dividend and a yield of 0.37%. The ex-dividend date is Wednesday, September 27th.

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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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