Csenge Advisory Group Purchases 39,296 Shares of ProShares Ultra S&P500 $SSO

Csenge Advisory Group boosted its stake in ProShares Ultra S&P500 (NYSEARCA:SSO) by 2,104.8% during the 4th quarter, HoldingsChannel.com reports. The fund owned 41,163 shares of the real estate investment trust’s stock after purchasing an additional 39,296 shares during the quarter. Csenge Advisory Group’s holdings in ProShares Ultra S&P500 were worth $2,384,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Park Square Financial Group LLC bought a new stake in ProShares Ultra S&P500 in the third quarter valued at $47,000. Tucker Asset Management LLC bought a new stake in ProShares Ultra S&P500 in the fourth quarter valued at $49,000. Corsicana & Co. boosted its holdings in ProShares Ultra S&P500 by 100.0% in the fourth quarter. Corsicana & Co. now owns 920 shares of the real estate investment trust’s stock valued at $53,000 after acquiring an additional 460 shares in the last quarter. Abound Wealth Management boosted its holdings in ProShares Ultra S&P500 by 100.0% in the fourth quarter. Abound Wealth Management now owns 1,066 shares of the real estate investment trust’s stock valued at $62,000 after acquiring an additional 533 shares in the last quarter. Finally, Winnow Wealth LLC bought a new stake in ProShares Ultra S&P500 in the third quarter valued at $69,000.

ProShares Ultra S&P500 Stock Down 1.3%

NYSEARCA:SSO opened at $65.45 on Wednesday. The stock has a market cap of $7.56 billion, a P/E ratio of 24.25 and a beta of 2.01. The firm’s fifty day simple moving average is $58.44 and its 200 day simple moving average is $58.21. ProShares Ultra S&P500 has a twelve month low of $42.53 and a twelve month high of $68.35.

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.