X Square Capital LLC Grows Stock Position in ProShares Ultra S&P500 (NYSEARCA:SSO)

X Square Capital LLC grew its stake in shares of ProShares Ultra S&P500 (NYSEARCA:SSO) by 38.0% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 8,536 shares of the real estate investment trust’s stock after buying an additional 2,350 shares during the period. X Square Capital LLC’s holdings in ProShares Ultra S&P500 were worth $705,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in SSO. Aveo Capital Partners LLC raised its stake in shares of ProShares Ultra S&P500 by 64.6% in the 4th quarter. Aveo Capital Partners LLC now owns 160,171 shares of the real estate investment trust’s stock valued at $10,422,000 after acquiring an additional 62,871 shares during the period. Foundations Investment Advisors LLC increased its holdings in ProShares Ultra S&P500 by 235.5% during the 4th quarter. Foundations Investment Advisors LLC now owns 24,011 shares of the real estate investment trust’s stock worth $1,642,000 after purchasing an additional 16,855 shares during the last quarter. Assetmark Inc. raised its holdings in ProShares Ultra S&P500 by 100.0% in the fourth quarter. Assetmark Inc. now owns 7,971,102 shares of the real estate investment trust’s stock valued at $518,680,000 after acquiring an additional 3,985,950 shares in the last quarter. IMC Chicago LLC acquired a new stake in shares of ProShares Ultra S&P500 in the 4th quarter valued at about $14,997,000. Finally, Cambridge Investment Research Advisors Inc. bought a new position in ProShares Ultra S&P500 during the 4th quarter worth approximately $4,219,000.

ProShares Ultra S&P500 Stock Down 3.4 %

Shares of NYSEARCA:SSO opened at $79.98 on Monday. ProShares Ultra S&P500 has a fifty-two week low of $48.59 and a fifty-two week high of $88.82. The firm has a 50-day simple moving average of $83.51 and a 200 day simple moving average of $78.93.

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.