Larson Financial Group LLC Has $3.01 Million Stock Holdings in ProShares Ultra S&P500 $SSO

Larson Financial Group LLC lifted its position in ProShares Ultra S&P500 (NYSEARCA:SSO) by 1,481.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 51,965 shares of the real estate investment trust’s stock after acquiring an additional 48,679 shares during the period. Larson Financial Group LLC’s holdings in ProShares Ultra S&P500 were worth $3,010,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the company. Gables Capital Management Inc. raised its position in shares of ProShares Ultra S&P500 by 97.3% in the 4th quarter. Gables Capital Management Inc. now owns 7,240 shares of the real estate investment trust’s stock valued at $419,000 after acquiring an additional 3,570 shares during the period. Csenge Advisory Group raised its position in shares of ProShares Ultra S&P500 by 2,104.8% in the 4th quarter. Csenge Advisory Group now owns 41,163 shares of the real estate investment trust’s stock valued at $2,384,000 after acquiring an additional 39,296 shares during the period. HighTower Advisors LLC raised its position in shares of ProShares Ultra S&P500 by 108.2% in the 4th quarter. HighTower Advisors LLC now owns 342,979 shares of the real estate investment trust’s stock valued at $19,865,000 after acquiring an additional 178,274 shares during the period. Tucker Asset Management LLC acquired a new stake in ProShares Ultra S&P500 during the 4th quarter worth approximately $49,000. Finally, Stephens Inc. AR raised its holdings in ProShares Ultra S&P500 by 100.0% during the 4th quarter. Stephens Inc. AR now owns 4,306 shares of the real estate investment trust’s stock worth $249,000 after buying an additional 2,153 shares during the period.

ProShares Ultra S&P500 Stock Performance

Shares of SSO stock opened at $65.45 on Wednesday. The company has a market capitalization of $7.56 billion, a P/E ratio of 24.25 and a beta of 2.01. The company’s 50 day moving average price is $58.44 and its two-hundred day moving average price is $58.21. ProShares Ultra S&P500 has a 52 week low of $42.53 and a 52 week high of $68.35.

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. Index Committee through a non-mechanical process that factors criteria, such as liquidity, price, market capitalization and financial viability.