X Square Capital LLC Sells 4,040 Shares of ProShares Ultra S&P500 (NYSEARCA:SSO)

X Square Capital LLC reduced its stake in ProShares Ultra S&P500 (NYSEARCA:SSO) by 47.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,496 shares of the real estate investment trust’s stock after selling 4,040 shares during the period. X Square Capital LLC’s holdings in ProShares Ultra S&P500 were worth $405,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Axxcess Wealth Management LLC raised its holdings in shares of ProShares Ultra S&P500 by 123.2% in the second quarter. Axxcess Wealth Management LLC now owns 316,334 shares of the real estate investment trust’s stock worth $26,129,000 after buying an additional 174,634 shares during the last quarter. Foundations Investment Advisors LLC grew its position in shares of ProShares Ultra S&P500 by 1,071.1% in the second quarter. Foundations Investment Advisors LLC now owns 118,477 shares of the real estate investment trust’s stock valued at $9,786,000 after purchasing an additional 108,360 shares during the period. Aveo Capital Partners LLC grew its position in shares of ProShares Ultra S&P500 by 148.7% in the second quarter. Aveo Capital Partners LLC now owns 147,565 shares of the real estate investment trust’s stock valued at $12,189,000 after purchasing an additional 88,222 shares during the period. Ascent Group LLC grew its position in shares of ProShares Ultra S&P500 by 1,605.6% in the first quarter. Ascent Group LLC now owns 77,638 shares of the real estate investment trust’s stock valued at $6,018,000 after purchasing an additional 73,086 shares during the period. Finally, Tactive Advisors LLC grew its position in shares of ProShares Ultra S&P500 by 92.7% in the first quarter. Tactive Advisors LLC now owns 138,715 shares of the real estate investment trust’s stock valued at $10,753,000 after purchasing an additional 66,715 shares during the period.

ProShares Ultra S&P500 Trading Down 1.9 %

Shares of NYSEARCA SSO opened at $91.00 on Thursday. The company’s 50-day simple moving average is $87.74 and its 200-day simple moving average is $82.11. ProShares Ultra S&P500 has a 52-week low of $48.59 and a 52-week high of $93.70.

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.