Stratos Wealth Partners LTD. Sells 884 Shares of ProShares Ultra S&P500 $SSO

Stratos Wealth Partners LTD. lessened its position in shares of ProShares Ultra S&P500 (NYSEARCA:SSO) by 6.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 12,557 shares of the real estate investment trust’s stock after selling 884 shares during the period. Stratos Wealth Partners LTD.’s holdings in ProShares Ultra S&P500 were worth $1,227,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of SSO. Envestnet Portfolio Solutions Inc. increased its holdings in ProShares Ultra S&P500 by 36.8% during the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 5,349 shares of the real estate investment trust’s stock worth $443,000 after acquiring an additional 1,439 shares during the period. Spire Wealth Management increased its holdings in ProShares Ultra S&P500 by 13.8% during the 1st quarter. Spire Wealth Management now owns 140,152 shares of the real estate investment trust’s stock worth $11,602,000 after acquiring an additional 17,018 shares during the period. Tyche Wealth Partners LLC increased its holdings in ProShares Ultra S&P500 by 11.6% during the 1st quarter. Tyche Wealth Partners LLC now owns 3,921 shares of the real estate investment trust’s stock worth $325,000 after acquiring an additional 406 shares during the period. Avidian Wealth Enterprises LLC bought a new stake in ProShares Ultra S&P500 during the 1st quarter worth approximately $689,000. Finally, Sollinda Capital Management LLC grew its stake in ProShares Ultra S&P500 by 19.6% in the 1st quarter. Sollinda Capital Management LLC now owns 27,832 shares of the real estate investment trust’s stock worth $2,304,000 after buying an additional 4,562 shares in the last quarter.

ProShares Ultra S&P500 Price Performance

SSO stock opened at $113.34 on Wednesday. ProShares Ultra S&P500 has a one year low of $60.84 and a one year high of $114.61. The stock has a market cap of $7.39 billion, a PE ratio of 24.25 and a beta of 2.03. The firm has a 50 day simple moving average of $108.82 and a two-hundred day simple moving average of $96.40.

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.