ProShares Ultra S&P500 (NYSEARCA:SSO) Stock Position Raised by EverSource Wealth Advisors LLC

EverSource Wealth Advisors LLC lifted its stake in shares of ProShares Ultra S&P500 (NYSEARCA:SSO) by 288.6% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,825 shares of the real estate investment trust’s stock after purchasing an additional 2,098 shares during the period. EverSource Wealth Advisors LLC’s holdings in ProShares Ultra S&P500 were worth $261,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. BNP Paribas Financial Markets purchased a new stake in ProShares Ultra S&P500 during the third quarter valued at about $48,000. Wealth Enhancement Advisory Services LLC boosted its stake in ProShares Ultra S&P500 by 9.2% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 9,538 shares of the real estate investment trust’s stock worth $860,000 after purchasing an additional 800 shares during the period. JPMorgan Chase & Co. grew its position in ProShares Ultra S&P500 by 21.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 36,272 shares of the real estate investment trust’s stock worth $3,271,000 after purchasing an additional 6,406 shares in the last quarter. Townsquare Capital LLC raised its stake in ProShares Ultra S&P500 by 19.6% during the 3rd quarter. Townsquare Capital LLC now owns 19,205 shares of the real estate investment trust’s stock valued at $1,732,000 after purchasing an additional 3,143 shares during the period. Finally, Plotkin Financial Advisors LLC acquired a new stake in shares of ProShares Ultra S&P500 in the third quarter worth $4,384,000.

ProShares Ultra S&P500 Trading Up 4.0 %

NYSEARCA:SSO opened at $83.82 on Friday. The business’s fifty day moving average price is $94.08 and its 200 day moving average price is $92.82. The firm has a market capitalization of $4.61 billion, a price-to-earnings ratio of 22.99 and a beta of 2.06. ProShares Ultra S&P500 has a 1-year low of $68.75 and a 1-year high of $100.29.

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.