Gries Financial LLC Makes New $202,000 Investment in ProShares Ultra S&P500 (NYSEARCA:SSO)

Gries Financial LLC purchased a new position in ProShares Ultra S&P500 (NYSEARCA:SSO) in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 2,180 shares of the real estate investment trust’s stock, valued at approximately $202,000.

Several other institutional investors and hedge funds have also made changes to their positions in SSO. Exchange Traded Concepts LLC acquired a new stake in ProShares Ultra S&P500 in the fourth quarter worth approximately $6,711,000. Kingswood Wealth Advisors LLC lifted its holdings in shares of ProShares Ultra S&P500 by 563.4% in 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 buying an additional 61,356 shares during the period. Ashton Thomas Private Wealth LLC boosted its stake in ProShares Ultra S&P500 by 4,542.9% during the third quarter. Ashton Thomas Private Wealth LLC now owns 59,754 shares of the real estate investment trust’s stock valued at $5,388,000 after buying an additional 58,467 shares in the last quarter. Client First Investment Management LLC grew its holdings in ProShares Ultra S&P500 by 15.9% during the fourth quarter. Client First Investment Management LLC now owns 388,008 shares of the real estate investment trust’s stock worth $35,895,000 after acquiring an additional 53,310 shares during the period. Finally, Foundations Investment Advisors LLC raised its position in ProShares Ultra S&P500 by 312.3% in the fourth quarter. Foundations Investment Advisors LLC now owns 68,760 shares of the real estate investment trust’s stock worth $6,361,000 after acquiring an additional 52,082 shares in the last quarter.

ProShares Ultra S&P500 Price Performance

Shares of NYSEARCA SSO opened at $97.98 on Friday. The firm has a 50-day moving average of $96.16 and a two-hundred day moving average of $90.46. ProShares Ultra S&P500 has a twelve month low of $66.68 and a twelve month high of $100.12.

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.