ProShares Ultra S&P500 (NYSEARCA:SSO) Position Reduced by Cambridge Investment Research Advisors Inc.

Cambridge Investment Research Advisors Inc. reduced its position in ProShares Ultra S&P500 (NYSEARCA:SSOGet Rating) by 9.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,813 shares of the real estate investment trust’s stock after selling 621 shares during the period. Cambridge Investment Research Advisors Inc.’s holdings in ProShares Ultra S&P500 were worth $231,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. JPMorgan Chase & Co. boosted its position in shares of ProShares Ultra S&P500 by 293.3% in the first quarter. JPMorgan Chase & Co. now owns 14,798 shares of the real estate investment trust’s stock worth $971,000 after buying an additional 11,035 shares during the period. Raymond James & Associates grew its stake in ProShares Ultra S&P500 by 100.0% during the 1st quarter. Raymond James & Associates now owns 4,000 shares of the real estate investment trust’s stock valued at $262,000 after acquiring an additional 2,000 shares in the last quarter. Bank of New York Mellon Corp increased its holdings in shares of ProShares Ultra S&P500 by 91.2% in the 1st quarter. Bank of New York Mellon Corp now owns 52,177 shares of the real estate investment trust’s stock valued at $3,424,000 after purchasing an additional 24,889 shares during the period. US Bancorp DE lifted its position in shares of ProShares Ultra S&P500 by 47.4% in the first quarter. US Bancorp DE now owns 3,350 shares of the real estate investment trust’s stock worth $220,000 after purchasing an additional 1,077 shares in the last quarter. Finally, Citigroup Inc. grew its position in ProShares Ultra S&P500 by 748.0% during the first quarter. Citigroup Inc. now owns 848 shares of the real estate investment trust’s stock valued at $56,000 after purchasing an additional 748 shares in the last quarter.

ProShares Ultra S&P500 Trading Up 0.8 %

SSO stock opened at $48.13 on Monday. ProShares Ultra S&P500 has a 12-month low of $37.53 and a 12-month high of $70.10. The company has a 50 day moving average of $46.75 and a two-hundred day moving average of $47.28.

ProShares Ultra S&P500 Profile

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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.

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

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