XR Securities LLC Sells 39,209 Shares of ProShares Ultra S&P500 (NYSEARCA:SSO)

XR Securities LLC lessened its holdings in ProShares Ultra S&P500 (NYSEARCA:SSO) by 85.2% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 6,817 shares of the real estate investment trust’s stock after selling 39,209 shares during the period. XR Securities LLC’s holdings in ProShares Ultra S&P500 were worth $444,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of SSO. Tennessee Valley Asset Management Partners acquired a new position in ProShares Ultra S&P500 during the 4th quarter valued at approximately $26,000. Anchor Investment Management LLC acquired a new stake in shares of ProShares Ultra S&P500 in the fourth quarter worth $65,000. Modera Wealth Management LLC acquired a new stake in shares of ProShares Ultra S&P500 in the third quarter worth $184,000. Institute for Wealth Management LLC. acquired a new stake in shares of ProShares Ultra S&P500 in the fourth quarter worth $201,000. Finally, Wealthsource Partners LLC acquired a new stake in shares of ProShares Ultra S&P500 in the fourth quarter worth $229,000.

ProShares Ultra S&P500 Stock Down 0.1 %

Shares of NYSEARCA:SSO traded down $0.09 during midday trading on Wednesday, reaching $71.95. The company’s stock had a trading volume of 2,997,617 shares, compared to its average volume of 3,769,670. ProShares Ultra S&P500 has a twelve month low of $48.47 and a twelve month high of $77.96. The stock has a fifty day moving average of $74.09 and a 200 day moving average of $65.74.

ProShares Ultra S&P500 Profile

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.