ProShares Ultra S&P500 (NYSEARCA:SSO) Reaches New 12-Month High at $156.41

ProShares Ultra S&P500 (NYSEARCA:SSO) shares reached a new 52-week high during trading on Tuesday . The stock traded as high as $156.41 and last traded at $155.82, with a volume of 21144 shares traded. The stock had previously closed at $156.35.

The firm has a 50 day simple moving average of $147.93 and a two-hundred day simple moving average of $133.87.

The business also recently announced a quarterly dividend, which was paid on Thursday, January 2nd. Shareholders of record on Thursday, December 26th were paid a $0.2685 dividend. This is an increase from ProShares Ultra S&P500’s previous quarterly dividend of $0.22. This represents a $1.07 annualized dividend and a dividend yield of 0.69%. The ex-dividend date was Tuesday, December 24th.

Several hedge funds have recently made changes to their positions in the business. Stonebridge Capital Advisors LLC acquired a new position in shares of ProShares Ultra S&P500 in the second quarter worth $25,000. Doyle Wealth Management acquired a new position in ProShares Ultra S&P500 in the second quarter valued at $26,000. Captrust Financial Advisors increased its stake in ProShares Ultra S&P500 by 46.5% in the second quarter. Captrust Financial Advisors now owns 630 shares of the real estate investment trust’s stock valued at $80,000 after purchasing an additional 200 shares during the last quarter. Wells Fargo & Company MN increased its stake in ProShares Ultra S&P500 by 76.4% in the second quarter. Wells Fargo & Company MN now owns 1,325 shares of the real estate investment trust’s stock valued at $167,000 after purchasing an additional 574 shares during the last quarter. Finally, Regal Investment Advisors LLC acquired a new position in ProShares Ultra S&P500 in the third quarter valued at $210,000.

About ProShares Ultra S&P500 (NYSEARCA:SSO)

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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