31,494 ProShares Ultra S&P500 $SSO Shares Sold by Global View Capital Management LLC

Global View Capital Management LLC cut its stake in shares of ProShares Ultra S&P500 (NYSEARCA:SSO) by 19.4% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 131,158 shares of the real estate investment trust’s stock after selling 31,494 shares during the period. ProShares Ultra S&P500 comprises approximately 2.0% of Global View Capital Management LLC’s investment portfolio, making the stock its 7th largest holding. Global View Capital Management LLC’s holdings in ProShares Ultra S&P500 were worth $9,093,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently bought and sold shares of the company. World Equity Group Inc. grew its stake in shares of ProShares Ultra S&P500 by 5.8% in the 1st quarter. World Equity Group Inc. now owns 4,712 shares of the real estate investment trust’s stock worth $245,000 after acquiring an additional 258 shares in the last quarter. Physician Wealth Advisors Inc. lifted its position in shares of ProShares Ultra S&P500 by 10.6% during the first quarter. Physician Wealth Advisors Inc. now owns 3,633 shares of the real estate investment trust’s stock valued at $188,000 after purchasing an additional 348 shares in the last quarter. EverSource Wealth Advisors LLC lifted its position in shares of ProShares Ultra S&P500 by 10.5% during the first quarter. EverSource Wealth Advisors LLC now owns 3,972 shares of the real estate investment trust’s stock valued at $206,000 after purchasing an additional 377 shares in the last quarter. Root Financial Partners LLC purchased a new position in ProShares Ultra S&P500 during the third quarter worth about $30,000. Finally, Arkadios Wealth Advisors boosted its holdings in ProShares Ultra S&P500 by 12.3% during the first quarter. Arkadios Wealth Advisors now owns 4,578 shares of the real estate investment trust’s stock worth $238,000 after purchasing an additional 500 shares during the last quarter.

ProShares Ultra S&P500 Stock Down 3.6%

Shares of NYSEARCA SSO opened at $67.67 on Friday. ProShares Ultra S&P500 has a twelve month low of $48.63 and a twelve month high of $72.80. The stock’s 50 day moving average price is $70.20 and its 200-day moving average price is $64.47. The company has a market capitalization of $8.41 billion, a PE ratio of 24.25 and a beta of 2.01.

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