Meridian Wealth Management LLC Sells 1,521 Shares of ProShares Ultra S&P500 (NYSEARCA:SSO)

Meridian Wealth Management LLC lessened its holdings in ProShares Ultra S&P500 (NYSEARCA:SSO) by 7.8% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 17,924 shares of the real estate investment trust’s stock after selling 1,521 shares during the quarter. Meridian Wealth Management LLC’s holdings in ProShares Ultra S&P500 were worth $1,616,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. Altman Advisors Inc. purchased a new stake in shares of ProShares Ultra S&P500 in the 3rd quarter worth $267,000. Ashton Thomas Private Wealth LLC lifted its holdings in shares of ProShares Ultra S&P500 by 4,542.9% in the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 59,754 shares of the real estate investment trust’s stock worth $5,388,000 after buying an additional 58,467 shares during the period. Meritage Portfolio Management purchased a new stake in shares of ProShares Ultra S&P500 in the 3rd quarter worth $212,000. Axxcess Wealth Management LLC lifted its holdings in shares of ProShares Ultra S&P500 by 0.3% in the 3rd quarter. Axxcess Wealth Management LLC now owns 317,197 shares of the real estate investment trust’s stock worth $28,602,000 after buying an additional 863 shares during the period. Finally, Sollinda Capital Management LLC lifted its holdings in shares of ProShares Ultra S&P500 by 591.1% in the 3rd quarter. Sollinda Capital Management LLC now owns 19,384 shares of the real estate investment trust’s stock worth $1,748,000 after buying an additional 16,579 shares during the period.

ProShares Ultra S&P500 Trading Up 0.6 %

Shares of SSO stock opened at $95.92 on Friday. ProShares Ultra S&P500 has a twelve month low of $59.17 and a twelve month high of $97.70. The stock has a fifty day simple moving average of $91.48 and a two-hundred day simple moving average of $85.23.

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.