Tradition Wealth Management LLC Has $5.29 Million Stock Holdings in ProShares Ultra SmallCap600 $SAA

Tradition Wealth Management LLC cut its holdings in ProShares Ultra SmallCap600 (NYSEARCA:SAA) by 16.3% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 205,000 shares of the company’s stock after selling 40,000 shares during the quarter. Tradition Wealth Management LLC owned about 24.70% of ProShares Ultra SmallCap600 worth $5,285,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the company. Osaic Holdings Inc. increased its stake in ProShares Ultra SmallCap600 by 532.8% in the 2nd quarter. Osaic Holdings Inc. now owns 7,960 shares of the company’s stock valued at $176,000 after buying an additional 6,702 shares during the last quarter. Bank of America Corp DE acquired a new position in shares of ProShares Ultra SmallCap600 during the 2nd quarter worth approximately $129,000. Corient Private Wealth LLC boosted its stake in shares of ProShares Ultra SmallCap600 by 14.0% during the 2nd quarter. Corient Private Wealth LLC now owns 36,065 shares of the company’s stock worth $798,000 after acquiring an additional 4,439 shares during the period. Finally, LTG Capital LLC boosted its stake in shares of ProShares Ultra SmallCap600 by 0.8% during the 3rd quarter. LTG Capital LLC now owns 358,427 shares of the company’s stock worth $9,181,000 after acquiring an additional 2,720 shares during the period.

ProShares Ultra SmallCap600 Trading Down 3.4%

Shares of NYSEARCA SAA opened at $32.67 on Friday. ProShares Ultra SmallCap600 has a 12 month low of $20.51 and a 12 month high of $34.04. The stock has a 50 day moving average of $31.17 and a 200-day moving average of $28.94. The company has a market capitalization of $26.46 million, a P/E ratio of 15.32 and a beta of 2.04.

ProShares Ultra SmallCap600 Company Profile

ProShares Ultra SmallCap600 (the Fund) seeks daily investment results that correspond to twice (200%) the daily performance of the S&P SmallCap 600 Index (the Index). The Fund intends to invest at least 80% of its net assets, including any borrowings for investment purposes, under normal circumstances, to equity securities contained in the Index and/or financial instruments that, in combination, have similar economic characteristics. The Fund also intends to invest assets not invested in financial instruments, in debt instruments and/or money market instruments.