ProShares Ultra S&P500 $SSO Stock Sold by Global View Capital Management LLC

Global View Capital Management LLC decreased its stake in ProShares Ultra S&P500 (NYSEARCA:SSO) by 19.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 131,158 shares of the real estate investment trust’s stock after selling 31,494 shares during the period. ProShares Ultra S&P500 accounts for about 2.0% of Global View Capital Management LLC’s holdings, making the stock its 7th biggest holding. Global View Capital Management LLC owned 0.11% of ProShares Ultra S&P500 worth $9,093,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the stock. Root Financial Partners LLC bought a new stake in ProShares Ultra S&P500 in the third quarter valued at approximately $30,000. Western Wealth Management LLC acquired a new stake in ProShares Ultra S&P500 during the 1st quarter worth about $37,000. Bogart Wealth LLC bought a new position in shares of ProShares Ultra S&P500 in the 1st quarter worth about $55,000. SBI Securities Co. Ltd. raised its position in shares of ProShares Ultra S&P500 by 217.0% in the 3rd quarter. SBI Securities Co. Ltd. now owns 932 shares of the real estate investment trust’s stock worth $65,000 after acquiring an additional 638 shares in the last quarter. Finally, Strategic Investment Solutions Inc. IL bought a new position in shares of ProShares Ultra S&P500 in the 2nd quarter worth about $126,000.

ProShares Ultra S&P500 Price Performance

Shares of NYSEARCA:SSO opened at $67.67 on Friday. The company has a market capitalization of $8.41 billion, a price-to-earnings ratio of 24.25 and a beta of 2.01. The business’s 50-day moving average is $70.20 and its 200-day moving average is $64.47. ProShares Ultra S&P500 has a 1 year low of $48.63 and a 1 year high of $72.80.

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.