Marshall Financial Group LLC Has $917,000 Stake in ProShares Ultra S&P500 (NYSEARCA:SSO)

Marshall Financial Group LLC reduced its position in shares of ProShares Ultra S&P500 (NYSEARCA:SSO) by 5.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 9,909 shares of the real estate investment trust’s stock after selling 531 shares during the quarter. Marshall Financial Group LLC’s holdings in ProShares Ultra S&P500 were worth $917,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of SSO. Fortitude Family Office LLC acquired a new position in ProShares Ultra S&P500 during the third quarter valued at $42,000. BNP Paribas Financial Markets purchased a new position in ProShares Ultra S&P500 during the 3rd quarter valued at about $48,000. Northwestern Mutual Wealth Management Co. acquired a new position in shares of ProShares Ultra S&P500 in the 2nd quarter valued at about $58,000. Abound Wealth Management lifted its position in shares of ProShares Ultra S&P500 by 46.7% in the fourth quarter. Abound Wealth Management now owns 782 shares of the real estate investment trust’s stock worth $72,000 after purchasing an additional 249 shares in the last quarter. Finally, Eastern Bank acquired a new stake in shares of ProShares Ultra S&P500 during the third quarter worth approximately $81,000.

ProShares Ultra S&P500 Stock Performance

ProShares Ultra S&P500 stock opened at $99.05 on Friday. ProShares Ultra S&P500 has a 12 month low of $66.68 and a 12 month high of $100.12. The company’s fifty day simple moving average is $95.93 and its 200-day simple moving average is $90.20.

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.