Evolution Wealth Advisors LLC Grows Stock Holdings in ProShares Ultra S&P500 $SSO

Evolution Wealth Advisors LLC grew its stake in ProShares Ultra S&P500 (NYSEARCA:SSOFree Report) by 100.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 23,126 shares of the real estate investment trust’s stock after acquiring an additional 11,594 shares during the period. Evolution Wealth Advisors LLC’s holdings in ProShares Ultra S&P500 were worth $1,339,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Private Wealth Group LLC raised its stake in shares of ProShares Ultra S&P500 by 100.0% during the fourth quarter. Private Wealth Group LLC now owns 3,792 shares of the real estate investment trust’s stock valued at $220,000 after acquiring an additional 1,896 shares in the last quarter. Abound Wealth Management increased its holdings in ProShares Ultra S&P500 by 100.0% during the 4th quarter. Abound Wealth Management now owns 1,066 shares of the real estate investment trust’s stock worth $62,000 after purchasing an additional 533 shares during the period. Meadowbrook Wealth Management LLC purchased a new position in ProShares Ultra S&P500 during the 4th quarter worth $200,000. Daymark Wealth Partners LLC raised its position in ProShares Ultra S&P500 by 100.1% during the 4th quarter. Daymark Wealth Partners LLC now owns 9,051 shares of the real estate investment trust’s stock valued at $524,000 after purchasing an additional 4,527 shares in the last quarter. Finally, First Heartland Consultants Inc. raised its position in ProShares Ultra S&P500 by 100.8% during the 4th quarter. First Heartland Consultants Inc. now owns 4,514 shares of the real estate investment trust’s stock valued at $261,000 after purchasing an additional 2,266 shares in the last quarter.

Trending Headlines about ProShares Ultra S&P500

Here are the key news stories impacting ProShares Ultra S&P500 this week:

ProShares Ultra S&P500 Trading Up 0.9%

Shares of SSO stock opened at $53.04 on Thursday. ProShares Ultra S&P500 has a twelve month low of $30.42 and a twelve month high of $60.37. The stock has a fifty day simple moving average of $57.35 and a two-hundred day simple moving average of $57.15. The stock has a market capitalization of $6.98 billion, a price-to-earnings ratio of 24.25 and a beta of 2.01.

ProShares Ultra S&P500 Cuts Dividend

The firm also recently announced 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. This represents a $0.46 annualized dividend and a yield of 0.9%. The ex-dividend date is Wednesday, March 25th.

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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