Corient Private Wealth LLC Has $981,000 Stock Holdings in ProShares Ultra S&P500 $SSO

Corient Private Wealth LLC boosted its position in shares of ProShares Ultra S&P500 (NYSEARCA:SSO) by 220.3% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 16,941 shares of the real estate investment trust’s stock after buying an additional 11,652 shares during the quarter. Corient Private Wealth LLC’s holdings in ProShares Ultra S&P500 were worth $981,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of SSO. Integrated Wealth Concepts LLC acquired a new stake in shares of ProShares Ultra S&P500 in the 1st quarter valued at $549,000. NewEdge Advisors LLC lifted its stake in shares of ProShares Ultra S&P500 by 199.8% during the first quarter. NewEdge Advisors LLC now owns 14,390 shares of the real estate investment trust’s stock valued at $1,191,000 after acquiring an additional 9,590 shares during the period. Goldman Sachs Group Inc. acquired a new position in shares of ProShares Ultra S&P500 during the first quarter valued at $41,524,000. Ausdal Financial Partners Inc. bought a new position in ProShares Ultra S&P500 in the second quarter valued at about $908,000. Finally, Bank of America Corp DE increased its position in ProShares Ultra S&P500 by 519.0% in the second quarter. Bank of America Corp DE now owns 22,283 shares of the real estate investment trust’s stock worth $2,177,000 after purchasing an additional 18,683 shares during the period.

ProShares Ultra S&P500 Trading Down 0.3%

Shares of NYSEARCA:SSO opened at $67.00 on Friday. The stock has a market capitalization of $7.92 billion, a P/E ratio of 24.25 and a beta of 2.01. ProShares Ultra S&P500 has a 1-year low of $48.63 and a 1-year high of $70.13. The business has a 50-day moving average price of $66.22 and a two-hundred day moving average price of $60.44.

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. Index Committee through a non-mechanical process that factors criteria, such as liquidity, price, market capitalization and financial viability.