Cambridge Investment Research Advisors Inc. Purchases New Stake in ProShares Ultra S&P500 (SSO)

Cambridge Investment Research Advisors Inc. purchased a new position in shares of ProShares Ultra S&P500 (NYSEARCA:SSO) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 5,967 shares of the real estate investment trust’s stock, valued at approximately $577,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Stratos Wealth Partners LTD. lifted its holdings in shares of ProShares Ultra S&P500 by 1.0% in the 2nd quarter. Stratos Wealth Partners LTD. now owns 7,257 shares of the real estate investment trust’s stock valued at $649,000 after buying an additional 74 shares during the period. Ausdal Financial Partners Inc. lifted its holdings in shares of ProShares Ultra S&P500 by 3.3% in the 3rd quarter. Ausdal Financial Partners Inc. now owns 16,399 shares of the real estate investment trust’s stock valued at $1,586,000 after buying an additional 517 shares during the period. The Manufacturers Life Insurance Company lifted its holdings in shares of ProShares Ultra S&P500 by 156.9% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 1,485 shares of the real estate investment trust’s stock valued at $133,000 after buying an additional 907 shares during the period. HighTower Advisors LLC lifted its holdings in shares of ProShares Ultra S&P500 by 1.2% in the 2nd quarter. HighTower Advisors LLC now owns 91,843 shares of the real estate investment trust’s stock valued at $8,215,000 after buying an additional 1,053 shares during the period. Finally, GenWealth Group Inc. lifted its holdings in shares of ProShares Ultra S&P500 by 8.4% in the 3rd quarter. GenWealth Group Inc. now owns 17,744 shares of the real estate investment trust’s stock valued at $1,716,000 after buying an additional 1,368 shares during the period.

Shares of ProShares Ultra S&P500 (NYSEARCA SSO) traded up $0.46 during mid-day trading on Friday, hitting $103.46. The stock had a trading volume of 133,305 shares. ProShares Ultra S&P500 has a fifty-two week low of $72.53 and a fifty-two week high of $103.55.

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ProShares Ultra S&P500 Company 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.

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

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