Tue Oct 01 08:19:23 UTC 2024: ## Renaissance Technologies Takes a Stake in ProShares Ultra S&P500

**New York, NY** – Renaissance Technologies LLC, a renowned quantitative investment firm, has purchased a new stake in ProShares Ultra S&P500 (NYSEARCA: SSO), according to a recent filing with the Securities and Exchange Commission. The fund acquired 33,400 shares, valued at approximately $2,759,000, representing roughly 0.06% of the company’s outstanding shares.

This investment comes amidst other notable changes in shareholder activity. Wealthspire Advisors LLC, Integrated Advisors Network LLC, Founders Financial Securities LLC, Centaurus Financial Inc., and Ashton Thomas Private Wealth LLC have also adjusted their positions in ProShares Ultra S&P500 during recent quarters.

ProShares Ultra S&P500 is an exchange-traded fund (ETF) that seeks to deliver twice the daily performance of the S&P 500 Index, a benchmark for large-cap U.S. stocks.

The ETF opened at $90.17 on Tuesday, with a 50-day moving average of $83.95 and a 200-day moving average of $80.41. The stock has traded within a 12-month range of $48.59 and $90.47.

**Disclaimer:** This news article is based on information from the provided text and should not be considered investment advice. Consult with a financial professional before making any investment decisions.

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