Cerity Partners LLC Invests $231,000 in ProShares Ultra S&P500 (NYSEARCA:SSO)

Cerity Partners LLC bought a new stake in ProShares Ultra S&P500 (NYSEARCA:SSO) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 3,550 shares of the real estate investment trust’s stock, valued at approximately $231,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Anchor Investment Management LLC purchased a new stake in ProShares Ultra S&P500 during the fourth quarter worth about $65,000. Modera Wealth Management LLC purchased a new stake in ProShares Ultra S&P500 during the 3rd quarter worth approximately $184,000. Wealthsource Partners LLC acquired a new stake in ProShares Ultra S&P500 during the 4th quarter worth approximately $229,000. Quantbot Technologies LP purchased a new position in ProShares Ultra S&P500 in the 3rd quarter valued at approximately $237,000. Finally, Main Street Financial Solutions LLC acquired a new position in shares of ProShares Ultra S&P500 in the third quarter worth $322,000.

ProShares Ultra S&P500 Stock Up 0.7 %

ProShares Ultra S&P500 stock opened at $73.19 on Tuesday. The stock’s fifty day simple moving average is $74.16 and its 200-day simple moving average is $66.19. ProShares Ultra S&P500 has a twelve month low of $48.47 and a twelve month high of $77.96.

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.