13,288 Shares of ProShares Ultra S&P500 $SSO Bought by Partners Wealth Management LLC

Partners Wealth Management LLC acquired a new stake in ProShares Ultra S&P500 (NYSEARCA:SSO) during the third quarter, Holdings Channel reports. The institutional investor acquired 13,288 shares of the real estate investment trust’s stock, valued at approximately $921,000.

Several other institutional investors have also recently modified their holdings of SSO. World Equity Group Inc. raised its stake in shares of ProShares Ultra S&P500 by 5.8% in the first quarter. World Equity Group Inc. now owns 4,712 shares of the real estate investment trust’s stock worth $245,000 after purchasing an additional 258 shares during the last quarter. Physician Wealth Advisors Inc. boosted its position in ProShares Ultra S&P500 by 10.6% in the first quarter. Physician Wealth Advisors Inc. now owns 3,633 shares of the real estate investment trust’s stock valued at $188,000 after buying an additional 348 shares during the last quarter. EverSource Wealth Advisors LLC increased its holdings in ProShares Ultra S&P500 by 10.5% in the 1st quarter. EverSource Wealth Advisors LLC now owns 3,972 shares of the real estate investment trust’s stock worth $206,000 after buying an additional 377 shares during the period. Root Financial Partners LLC acquired a new position in ProShares Ultra S&P500 in the 3rd quarter worth approximately $30,000. Finally, Arkadios Wealth Advisors raised its position in ProShares Ultra S&P500 by 12.3% during the 1st quarter. Arkadios Wealth Advisors now owns 4,578 shares of the real estate investment trust’s stock worth $238,000 after buying an additional 500 shares during the last quarter.

ProShares Ultra S&P500 Trading Down 3.6%

SSO opened at $67.67 on Friday. ProShares Ultra S&P500 has a 12-month low of $48.63 and a 12-month high of $72.80. The firm has a 50 day moving average of $70.20 and a two-hundred day moving average of $64.47. The firm has a market capitalization of $8.41 billion, a PE ratio of 24.25 and a beta of 2.01.

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.