Wealthspire Advisors LLC Has $349,000 Stock Holdings in ProShares Ultra S&P500 (NYSEARCA:SSO)

Wealthspire Advisors LLC lifted its holdings in ProShares Ultra S&P500 (NYSEARCA:SSO) by 41.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,771 shares of the real estate investment trust’s stock after buying an additional 1,110 shares during the period. Wealthspire Advisors LLC’s holdings in ProShares Ultra S&P500 were worth $349,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of SSO. International Assets Investment Management LLC raised its holdings in shares of ProShares Ultra S&P500 by 8,917.0% during the third quarter. International Assets Investment Management LLC now owns 9,017 shares of the real estate investment trust’s stock worth $813,000 after acquiring an additional 8,917 shares in the last quarter. Chicago Partners Investment Group LLC raised its holdings in shares of ProShares Ultra S&P500 by 9.1% during the third quarter. Chicago Partners Investment Group LLC now owns 9,707 shares of the real estate investment trust’s stock worth $883,000 after acquiring an additional 806 shares in the last quarter. Sollinda Capital Management LLC raised its holdings in shares of ProShares Ultra S&P500 by 591.1% during the third quarter. Sollinda Capital Management LLC now owns 19,384 shares of the real estate investment trust’s stock worth $1,748,000 after acquiring an additional 16,579 shares in the last quarter. Axxcess Wealth Management LLC raised its holdings in shares of ProShares Ultra S&P500 by 0.3% during the third quarter. Axxcess Wealth Management LLC now owns 317,197 shares of the real estate investment trust’s stock worth $28,602,000 after acquiring an additional 863 shares in the last quarter. Finally, Meritage Portfolio Management purchased a new stake in shares of ProShares Ultra S&P500 during the third quarter worth $212,000.

ProShares Ultra S&P500 Trading Down 3.2 %

Shares of NYSEARCA:SSO opened at $91.11 on Friday. ProShares Ultra S&P500 has a 1 year low of $68.75 and a 1 year high of $100.29. The business has a fifty day simple moving average of $95.92 and a 200 day simple moving average of $92.61. The firm has a market cap of $5.60 billion, a price-to-earnings ratio of 26.71 and a beta of 2.04.

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.