ProShares Ultra S&P500 (NYSEARCA:SSO) Hits New 52-Week High at $77.96

ProShares Ultra S&P500 (NYSEARCA:SSOGet Free Report) shares hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $77.96 and last traded at $77.52, with a volume of 1970794 shares traded. The stock had previously closed at $77.58.

ProShares Ultra S&P500 Stock Down 0.1 %

The company’s 50 day moving average price is $72.04 and its 200-day moving average price is $63.11.

Institutional Trading of ProShares Ultra S&P500

Several institutional investors have recently made changes to their positions in the stock. Bank of America Corp DE raised its position in ProShares Ultra S&P500 by 158.7% during the first quarter. Bank of America Corp DE now owns 388 shares of the real estate investment trust’s stock valued at $25,000 after acquiring an additional 238 shares in the last quarter. Tennessee Valley Asset Management Partners bought a new position in ProShares Ultra S&P500 during the fourth quarter valued at approximately $26,000. Resurgent Financial Advisors LLC bought a new position in ProShares Ultra S&P500 during the second quarter valued at approximately $27,000. Stonebridge Capital Advisors LLC raised its position in ProShares Ultra S&P500 by 100.0% during the first quarter. Stonebridge Capital Advisors LLC now owns 500 shares of the real estate investment trust’s stock valued at $33,000 after acquiring an additional 250 shares in the last quarter. Finally, Coppell Advisory Solutions Corp. bought a new position in ProShares Ultra S&P500 during the fourth quarter valued at approximately $43,000.

ProShares Ultra S&P500 Company Profile

(Get Free Report)

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.

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