Genesee Capital Advisors LLC Takes Position in ProShares Ultra S&P500 (NYSEARCA:SSO)

Genesee Capital Advisors LLC acquired a new position in shares of ProShares Ultra S&P500 (NYSEARCA:SSO) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 2,280 shares of the real estate investment trust’s stock, valued at approximately $211,000.

Other hedge funds also recently bought and sold shares of the company. Exchange Traded Concepts LLC purchased a new stake in ProShares Ultra S&P500 during the fourth quarter valued at about $6,711,000. Kingswood Wealth Advisors LLC grew its holdings in shares of ProShares Ultra S&P500 by 563.4% during the fourth quarter. Kingswood Wealth Advisors LLC now owns 72,247 shares of the real estate investment trust’s stock valued at $6,684,000 after purchasing an additional 61,356 shares during the last quarter. Ashton Thomas Private Wealth LLC grew its holdings in ProShares Ultra S&P500 by 4,542.9% in the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 59,754 shares of the real estate investment trust’s stock worth $5,388,000 after buying an additional 58,467 shares in the last quarter. Client First Investment Management LLC boosted its stake in ProShares Ultra S&P500 by 15.9% during the 4th quarter. Client First Investment Management LLC now owns 388,008 shares of the real estate investment trust’s stock valued at $35,895,000 after purchasing an additional 53,310 shares in the last quarter. Finally, Foundations Investment Advisors LLC increased its position in shares of ProShares Ultra S&P500 by 312.3% during the 4th quarter. Foundations Investment Advisors LLC now owns 68,760 shares of the real estate investment trust’s stock valued at $6,361,000 after purchasing an additional 52,082 shares during the period.

ProShares Ultra S&P500 Price Performance

SSO opened at $97.86 on Wednesday. The business has a fifty day simple moving average of $96.05 and a 200-day simple moving average of $90.36. ProShares Ultra S&P500 has a fifty-two week low of $66.68 and a fifty-two week high of $100.12.

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.