ProShares Ultra S&P500 (NYSEARCA:SSO) Shares Sold by Corient Private Wealth LLC

Corient Private Wealth LLC trimmed its holdings in shares of ProShares Ultra S&P500 (NYSEARCA:SSO) by 51.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,656 shares of the real estate investment trust’s stock after selling 5,984 shares during the quarter. Corient Private Wealth LLC’s holdings in ProShares Ultra S&P500 were worth $523,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in the business. Chicago Partners Investment Group LLC grew its stake in shares of ProShares Ultra S&P500 by 1.2% during the fourth quarter. Chicago Partners Investment Group LLC now owns 9,820 shares of the real estate investment trust’s stock worth $917,000 after acquiring an additional 113 shares during the last quarter. Sequoia Financial Advisors LLC grew its position in ProShares Ultra S&P500 by 3.0% during the 4th quarter. Sequoia Financial Advisors LLC now owns 8,378 shares of the real estate investment trust’s stock worth $775,000 after purchasing an additional 241 shares during the last quarter. Abound Wealth Management increased its stake in ProShares Ultra S&P500 by 46.7% during the 4th quarter. Abound Wealth Management now owns 782 shares of the real estate investment trust’s stock valued at $72,000 after purchasing an additional 249 shares in the last quarter. Commonwealth Equity Services LLC lifted its stake in shares of ProShares Ultra S&P500 by 7.0% during the fourth quarter. Commonwealth Equity Services LLC now owns 4,823 shares of the real estate investment trust’s stock worth $446,000 after buying an additional 315 shares during the period. Finally, Capital Investment Advisory Services LLC grew its holdings in shares of ProShares Ultra S&P500 by 3.8% during the fourth quarter. Capital Investment Advisory Services LLC now owns 9,782 shares of the real estate investment trust’s stock valued at $905,000 after buying an additional 361 shares during the last quarter.

ProShares Ultra S&P500 Price Performance

NYSEARCA SSO opened at $81.80 on Friday. The stock’s fifty day moving average price is $92.46 and its 200 day moving average price is $92.90. ProShares Ultra S&P500 has a 1 year low of $68.75 and a 1 year high of $100.29. The company has a market cap of $4.74 billion, a price-to-earnings ratio of 22.95 and a beta of 2.06.

ProShares Ultra S&P500 Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Wednesday, March 26th will be paid a $0.1656 dividend. The ex-dividend date of this dividend is Wednesday, March 26th.

About ProShares Ultra S&P500

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.