Diversified Trust Co. Has $1.39 Million Stock Holdings in ProShares Ultra S&P500 $SSO

Diversified Trust Co. lifted its holdings in ProShares Ultra S&P500 (NYSEARCA:SSOFree Report) by 100.0% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 24,000 shares of the real estate investment trust’s stock after buying 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 institutional investors and hedge funds have also added to or reduced their stakes in the stock. Beacon Capital Management Inc. bought a new stake in ProShares Ultra S&P500 during the 2nd quarter worth about $27,000. Evolution Wealth Management Inc. acquired a new stake in ProShares Ultra S&P500 in the 2nd quarter valued at about $31,000. Global Retirement Partners LLC bought a new position in shares of ProShares Ultra S&P500 in the third quarter worth about $37,000. Park Square Financial Group LLC acquired a new position in shares of ProShares Ultra S&P500 during the third quarter worth approximately $47,000. Finally, Corsicana & Co. acquired a new position in shares of ProShares Ultra S&P500 during the third quarter worth approximately $52,000.

Trending Headlines about ProShares Ultra S&P500

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ProShares Ultra S&P500 Price Performance

SSO opened at $53.04 on Thursday. ProShares Ultra S&P500 has a one year low of $30.42 and a one year high of $60.37. The company’s 50 day simple moving average is $57.35 and its 200-day simple moving average is $57.15. The stock has a market capitalization of $6.98 billion, a P/E ratio of 24.25 and a beta of 2.01.

ProShares Ultra S&P500 Cuts Dividend

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

About ProShares Ultra S&P500

(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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