Sanctuary Advisors LLC Boosts Stock Holdings in ProShares Ultra S&P500 $SSO

Sanctuary Advisors LLC raised its position in shares of ProShares Ultra S&P500 (NYSEARCA:SSO) by 96.6% in the fourth quarter, Holdings Channel.com reports. The fund owned 20,300 shares of the real estate investment trust’s stock after acquiring an additional 9,973 shares during the quarter. Sanctuary Advisors LLC’s holdings in ProShares Ultra S&P500 were worth $1,176,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in SSO. Howard Capital Management Inc. increased its position in shares of ProShares Ultra S&P500 by 100.0% during the fourth quarter. Howard Capital Management Inc. now owns 13,775,520 shares of the real estate investment trust’s stock worth $797,878,000 after purchasing an additional 6,887,760 shares in the last quarter. Assetmark Inc. lifted its holdings in ProShares Ultra S&P500 by 110,080.6% in the 3rd quarter. Assetmark Inc. now owns 6,635,078 shares of the real estate investment trust’s stock valued at $743,991,000 after purchasing an additional 6,629,056 shares in the last quarter. Main Street Group LTD lifted its holdings in ProShares Ultra S&P500 by 101.6% in the 4th quarter. Main Street Group LTD now owns 1,207,033 shares of the real estate investment trust’s stock valued at $69,911,000 after purchasing an additional 608,334 shares in the last quarter. Goldman Sachs Group Inc. acquired a new stake in ProShares Ultra S&P500 during the 1st quarter worth $41,524,000. Finally, Global View Capital Management LLC boosted its stake in ProShares Ultra S&P500 by 329.8% during the 4th quarter. Global View Capital Management LLC now owns 465,496 shares of the real estate investment trust’s stock worth $26,962,000 after purchasing an additional 357,202 shares during the last quarter.

ProShares Ultra S&P500 Stock Up 1.5%

ProShares Ultra S&P500 stock opened at $63.83 on Wednesday. The company has a fifty day simple moving average of $56.72 and a 200-day simple moving average of $57.57. The firm has a market capitalization of $7.38 billion, a price-to-earnings ratio of 24.25 and a beta of 2.01. ProShares Ultra S&P500 has a 52-week low of $39.89 and a 52-week high of $64.07.

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. Index Committee through a non-mechanical process that factors criteria, such as liquidity, price, market capitalization and financial viability.