Two Sigma Investments LP increased its stake in ProShares Ultra S&P500 (NYSEARCA:SSO) by 12.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 196,200 shares of the real estate investment trust’s stock after purchasing an additional 21,680 shares during the quarter. Two Sigma Investments LP owned 0.89% of ProShares Ultra S&P500 worth $21,470,000 at the end of the most recent quarter.
Other hedge funds also recently modified their holdings of the company. Assetmark Inc. raised its position in shares of ProShares Ultra S&P500 by 5,329.7% during the 3rd quarter. Assetmark Inc. now owns 371,611 shares of the real estate investment trust’s stock valued at $35,950,000 after purchasing an additional 364,767 shares during the period. Bank of New York Mellon Corp increased its holdings in ProShares Ultra S&P500 by 700.2% in the 4th quarter. Bank of New York Mellon Corp now owns 167,131 shares of the real estate investment trust’s stock valued at $18,289,000 after acquiring an additional 146,244 shares during the last quarter. West Chester Capital Advisors Inc. bought a new stake in ProShares Ultra S&P500 in the 4th quarter valued at $12,209,000. Belpointe Asset Management LLC bought a new stake in ProShares Ultra S&P500 in the 3rd quarter valued at $5,949,000. Finally, Portfolio Strategies Inc bought a new stake in ProShares Ultra S&P500 in the 4th quarter valued at $6,173,000.
Shares of NYSEARCA:SSO traded down $4.73 on Friday, reaching $102.33. The company’s stock had a trading volume of 3,798,182 shares, compared to its average volume of 3,042,147. ProShares Ultra S&P500 has a 52-week low of $82.48 and a 52-week high of $125.72.
The company also recently declared a quarterly dividend, which was paid on Wednesday, March 28th. Investors of record on Thursday, March 22nd were paid a dividend of $0.1599 per share. The ex-dividend date of this dividend was Wednesday, March 21st. This represents a $0.64 dividend on an annualized basis and a dividend yield of 0.63%.
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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.
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