Investors purchased shares of ProShares Ultra S&P500 (NYSE:SSO) on weakness during trading on Tuesday. $84.74 million flowed into the stock on the tick-up and $59.37 million flowed out of the stock on the tick-down, for a money net flow of $25.37 million into the stock. Of all stocks tracked, ProShares Ultra S&P500 had the 32nd highest net in-flow for the day. ProShares Ultra S&P500 traded down ($1.37) for the day and closed at $92.19

The company has a 50 day moving average of $92.35 and a 200-day moving average of $88.46.

Several hedge funds and other institutional investors have recently bought and sold shares of SSO. The Manufacturers Life Insurance Company lifted its stake in ProShares Ultra S&P500 by 156.9% in the second quarter. The Manufacturers Life Insurance Company now owns 1,485 shares of the real estate investment trust’s stock worth $133,000 after acquiring an additional 907 shares during the period. Bronfman E.L. Rothschild L.P. purchased a new stake in shares of ProShares Ultra S&P500 during the second quarter valued at about $152,000. Jump Trading LLC purchased a new stake in shares of ProShares Ultra S&P500 during the second quarter valued at about $360,000. Empirical Finance LLC purchased a new stake in shares of ProShares Ultra S&P500 during the second quarter valued at about $574,000. Finally, Stratos Wealth Partners LTD. lifted its position in shares of ProShares Ultra S&P500 by 1.0% during the second quarter. Stratos Wealth Partners LTD. now owns 7,257 shares of the real estate investment trust’s stock valued at $649,000 after buying an additional 74 shares during the last quarter.

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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.

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