Altman Advisors Inc. bought a new stake in shares of ProShares Ultra S&P500 (NYSEARCA:SSO) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 1,932 shares of the real estate investment trust’s stock, valued at approximately $211,000.
Several other hedge funds have also recently made changes to their positions in SSO. Fusion Family Wealth LLC purchased a new stake in shares of ProShares Ultra S&P500 in the fourth quarter worth about $129,000. The Manufacturers Life Insurance Company boosted its position in ProShares Ultra S&P500 by 156.9% during the second quarter. The Manufacturers Life Insurance Company now owns 1,485 shares of the real estate investment trust’s stock worth $133,000 after purchasing an additional 907 shares in the last quarter. Mount Vernon Associates Inc. MD purchased a new position in ProShares Ultra S&P500 during the fourth quarter worth approximately $219,000. Advisory Services Network LLC boosted its position in ProShares Ultra S&P500 by 3,273.3% during the fourth quarter. Advisory Services Network LLC now owns 2,024 shares of the real estate investment trust’s stock worth $221,000 after purchasing an additional 1,964 shares in the last quarter. Finally, Exencial Wealth Advisors LLC purchased a new position in ProShares Ultra S&P500 during the fourth quarter worth approximately $224,000.
Shares of ProShares Ultra S&P500 stock traded up $1.63 during mid-day trading on Thursday, reaching $107.07. 2,139,055 shares of the stock traded hands, compared to its average volume of 3,007,806. ProShares Ultra S&P500 has a fifty-two week low of $82.48 and a fifty-two week high of $125.72.
The business also recently declared a quarterly dividend, which was paid on Wednesday, March 28th. Investors of record on Thursday, March 22nd were issued a $0.1599 dividend. The ex-dividend date was Wednesday, March 21st. This represents a $0.64 annualized dividend and a dividend yield of 0.60%.
TRADEMARK VIOLATION WARNING: “1,932 Shares in ProShares Ultra S&P500 (SSO) Acquired by Altman Advisors Inc.” was first published by Macon Daily and is the property of of Macon Daily. If you are accessing this article on another site, it was copied illegally and republished in violation of U.S. and international trademark and copyright law. The correct version of this article can be viewed at https://macondaily.com/2018/04/12/altman-advisors-inc-buys-new-holdings-in-proshares-ultra-sp500-sso-updated-updated-updated.html.
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.
Receive News & Ratings for ProShares Ultra S&P500 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares Ultra S&P500 and related companies with MarketBeat.com's FREE daily email newsletter.