Corient Private Wealth LLC Purchases 11,652 Shares of ProShares Ultra S&P500 $SSO

Corient Private Wealth LLC raised its position in ProShares Ultra S&P500 (NYSEARCA:SSO) by 220.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 16,941 shares of the real estate investment trust’s stock after buying an additional 11,652 shares during the period. Corient Private Wealth LLC’s holdings in ProShares Ultra S&P500 were worth $981,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the company. Integrated Wealth Concepts LLC acquired a new position in shares of ProShares Ultra S&P500 in the 1st quarter worth approximately $549,000. NewEdge Advisors LLC raised its position in ProShares Ultra S&P500 by 199.8% in the 1st quarter. NewEdge Advisors LLC now owns 14,390 shares of the real estate investment trust’s stock valued at $1,191,000 after purchasing an additional 9,590 shares during the last quarter. Goldman Sachs Group Inc. bought a new position in ProShares Ultra S&P500 in the 1st quarter valued at $41,524,000. Ausdal Financial Partners Inc. acquired a new position in ProShares Ultra S&P500 in the second quarter worth $908,000. Finally, Bank of America Corp DE boosted its stake in ProShares Ultra S&P500 by 519.0% in the second quarter. Bank of America Corp DE now owns 22,283 shares of the real estate investment trust’s stock worth $2,177,000 after purchasing an additional 18,683 shares in the last quarter.

ProShares Ultra S&P500 Stock Performance

Shares of SSO stock opened at $67.00 on Friday. The stock’s fifty day moving average is $66.22 and its 200-day moving average is $60.44. The stock has a market capitalization of $7.92 billion, a PE ratio of 24.25 and a beta of 2.01. ProShares Ultra S&P500 has a 52 week low of $48.63 and a 52 week high of $70.13.

About ProShares Ultra S&P500

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.