Invst LLC Grows Position in ProShares Ultra S&P500 $SSO

Invst LLC raised its holdings in shares of ProShares Ultra S&P500 (NYSEARCA:SSO) by 195.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 19,453 shares of the real estate investment trust’s stock after acquiring an additional 12,865 shares during the period. Invst LLC’s holdings in ProShares Ultra S&P500 were worth $1,127,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Evolution Wealth Management Inc. lifted its stake in ProShares Ultra S&P500 by 100.0% during the 4th quarter. Evolution Wealth Management Inc. now owns 630 shares of the real estate investment trust’s stock valued at $36,000 after acquiring an additional 315 shares during the period. Park Square Financial Group LLC acquired a new position in shares of ProShares Ultra S&P500 in the 3rd quarter valued at $47,000. Tucker Asset Management LLC acquired a new position in shares of ProShares Ultra S&P500 in the 4th quarter valued at $49,000. Corsicana & Co. lifted its stake in shares of ProShares Ultra S&P500 by 100.0% in the 4th quarter. Corsicana & Co. now owns 920 shares of the real estate investment trust’s stock valued at $53,000 after purchasing an additional 460 shares during the period. Finally, Abound Wealth Management lifted its stake in shares of ProShares Ultra S&P500 by 100.0% in the 4th quarter. Abound Wealth Management now owns 1,066 shares of the real estate investment trust’s stock valued at $62,000 after purchasing an additional 533 shares during the period.

ProShares Ultra S&P500 Price Performance

SSO opened at $65.86 on Friday. The firm has a fifty day moving average price of $62.10 and a 200 day moving average price of $59.19. ProShares Ultra S&P500 has a 1 year low of $44.99 and a 1 year high of $70.13. The stock has a market cap of $7.61 billion, a P/E ratio of 24.25 and a beta of 2.01.

ProShares Ultra S&P500 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.