Diversified Trust Co. Purchases 12,000 Shares of ProShares Ultra S&P500 $SSO

Diversified Trust Co. increased its position in shares of ProShares Ultra S&P500 (NYSEARCA:SSOFree Report) by 100.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 24,000 shares of the real estate investment trust’s stock after acquiring an additional 12,000 shares during the quarter. Diversified Trust Co.’s holdings in ProShares Ultra S&P500 were worth $1,390,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in SSO. Beacon Capital Management Inc. acquired a new stake in ProShares Ultra S&P500 in the second quarter worth about $27,000. Evolution Wealth Management Inc. acquired a new position in ProShares Ultra S&P500 during the 2nd quarter valued at about $31,000. Global Retirement Partners LLC acquired a new position in ProShares Ultra S&P500 during the 3rd quarter valued at about $37,000. Park Square Financial Group LLC bought a new position in shares of ProShares Ultra S&P500 in the 3rd quarter valued at about $47,000. Finally, Corsicana & Co. bought a new position in shares of ProShares Ultra S&P500 in the 3rd quarter valued at about $52,000.

More ProShares Ultra S&P500 News

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ProShares Ultra S&P500 Price Performance

Shares of NYSEARCA:SSO opened at $53.04 on Thursday. The stock has a market cap of $6.98 billion, a price-to-earnings ratio of 24.25 and a beta of 2.01. The company has a 50 day moving average of $57.35 and a 200-day moving average of $57.15. ProShares Ultra S&P500 has a one year low of $30.42 and a one year high of $60.37.

ProShares Ultra S&P500 Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Wednesday, March 25th will be paid a $0.1138 dividend. The ex-dividend date of this dividend is Wednesday, March 25th. This represents a $0.46 dividend on an annualized basis and a yield of 0.9%.

ProShares Ultra S&P500 Company Profile

(Free Report)

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. Index Committee through a non-mechanical process that factors criteria, such as liquidity, price, market capitalization and financial viability.

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

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