Invst LLC Reduces Holdings in ProShares Ultra S&P500 (NYSEARCA:SSO)

Invst LLC lessened its stake in shares of ProShares Ultra S&P500 (NYSEARCA:SSO) by 38.8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 20,008 shares of the real estate investment trust’s stock after selling 12,678 shares during the quarter. Invst LLC’s holdings in ProShares Ultra S&P500 were worth $1,851,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of SSO. Patriot Investment Management Group Inc. acquired a new stake in ProShares Ultra S&P500 during the 4th quarter valued at $398,000. Exchange Traded Concepts LLC acquired a new stake in ProShares Ultra S&P500 during the 4th quarter valued at $6,711,000. Kingswood Wealth Advisors LLC grew its holdings in ProShares Ultra S&P500 by 563.4% during the 4th 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 last quarter. Foundations Investment Advisors LLC grew its holdings in 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 buying an additional 52,082 shares during the last quarter. Finally, Genesee Capital Advisors LLC acquired a new stake in ProShares Ultra S&P500 during the 4th quarter valued at $211,000.

ProShares Ultra S&P500 Stock Performance

Shares of NYSEARCA:SSO opened at $86.13 on Friday. The business’s fifty day moving average price is $80.10 and its two-hundred day moving average price is $89.78. The stock has a market cap of $5.19 billion, a PE ratio of 24.25 and a beta of 2.02. ProShares Ultra S&P500 has a one year low of $60.84 and a one year high of $100.29.

About ProShares Ultra S&P500

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.