Daymark Wealth Partners LLC Decreases Stake in ProShares Ultra S&P500 (NYSEARCA:SSO)

Daymark Wealth Partners LLC decreased its position in ProShares Ultra S&P500 (NYSEARCA:SSO) by 4.3% in the 1st quarter, HoldingsChannel reports. The firm owned 4,521 shares of the real estate investment trust’s stock after selling 203 shares during the period. Daymark Wealth Partners LLC’s holdings in ProShares Ultra S&P500 were worth $374,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of SSO. Main Street Group LTD boosted its holdings in ProShares Ultra S&P500 by 4.4% in the 4th quarter. Main Street Group LTD now owns 539,510 shares of the real estate investment trust’s stock worth $49,910,000 after acquiring an additional 22,830 shares during the period. CacheTech Inc. increased its holdings in ProShares Ultra S&P500 by 3.9% in the fourth quarter. CacheTech Inc. now owns 539,150 shares of the real estate investment trust’s stock valued at $49,872,000 after buying an additional 19,989 shares during the last quarter. Adams Wealth Management raised its stake in ProShares Ultra S&P500 by 3.1% during the fourth quarter. Adams Wealth Management now owns 535,377 shares of the real estate investment trust’s stock valued at $49,523,000 after buying an additional 16,216 shares in the last quarter. Pinkerton Retirement Specialists LLC raised its stake in ProShares Ultra S&P500 by 5,312.9% during the fourth quarter. Pinkerton Retirement Specialists LLC now owns 142,358 shares of the real estate investment trust’s stock valued at $13,170,000 after buying an additional 139,728 shares in the last quarter. Finally, Global View Capital Management LLC acquired a new stake in ProShares Ultra S&P500 during the fourth quarter valued at approximately $10,406,000.

ProShares Ultra S&P500 Trading Up 1.2%

NYSEARCA:SSO opened at $93.10 on Wednesday. The firm has a market capitalization of $5.83 billion, a PE ratio of 24.25 and a beta of 2.02. The stock has a 50 day moving average of $81.54 and a 200-day moving average of $89.30. ProShares Ultra S&P500 has a 52 week low of $60.84 and a 52 week 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.