ProShares Ultra SmallCap600 (NYSEARCA:SAA) Stock Position Decreased by Tradition Wealth Management LLC

Tradition Wealth Management LLC decreased its position in ProShares Ultra SmallCap600 (NYSEARCA:SAA) by 5.8% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 245,000 shares of the company’s stock after selling 15,000 shares during the quarter. Tradition Wealth Management LLC owned about 18.28% of ProShares Ultra SmallCap600 worth $6,365,000 as of its most recent filing with the SEC.

ProShares Ultra SmallCap600 Stock Performance

Shares of SAA opened at $17.39 on Friday. The firm has a market cap of $22.95 million, a PE ratio of 13.76 and a beta of 2.13. The firm’s 50 day moving average price is $21.41 and its 200 day moving average price is $25.52. ProShares Ultra SmallCap600 has a twelve month low of $15.22 and a twelve month high of $32.32.

ProShares Ultra SmallCap600 Cuts Dividend

The firm also recently declared a dividend, which was paid on Tuesday, April 1st. Stockholders of record on Wednesday, March 26th were issued a dividend of $0.0498 per share. The ex-dividend date was Wednesday, March 26th.

ProShares Ultra SmallCap600 Company Profile

ProShares Ultra SmallCap600 (the Fund) seeks daily investment results that correspond to twice (200%) the daily performance of the S&P SmallCap 600 Index (the Index). The Fund intends to invest at least 80% of its net assets, including any borrowings for investment purposes, under normal circumstances, to equity securities contained in the Index and/or financial instruments that, in combination, have similar economic characteristics.