Arlington Capital Management Inc. Purchases New Shares in ProShares Ultra S&P500 (NYSEARCA:SSO)

Arlington Capital Management Inc. acquired a new position in shares of ProShares Ultra S&P500 (NYSEARCA:SSO) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 34,756 shares of the real estate investment trust’s stock, valued at approximately $2,262,000. ProShares Ultra S&P500 accounts for 2.1% of Arlington Capital Management Inc.’s portfolio, making the stock its 12th largest position.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. GUNN & Co INVESTMENT MANAGEMENT INC. acquired a new stake in shares of ProShares Ultra S&P500 in the fourth quarter worth approximately $3,740,000. Spire Wealth Management boosted its position in ProShares Ultra S&P500 by 1.9% during the fourth quarter. Spire Wealth Management now owns 75,620 shares of the real estate investment trust’s stock worth $5,043,000 after acquiring an additional 1,401 shares during the last quarter. Aveo Capital Partners LLC grew its stake in ProShares Ultra S&P500 by 64.6% during the 4th quarter. Aveo Capital Partners LLC now owns 160,171 shares of the real estate investment trust’s stock valued at $10,422,000 after acquiring an additional 62,871 shares in the last quarter. Paradigm Financial Partners LLC lifted its stake in ProShares Ultra S&P500 by 97.8% in the 4th quarter. Paradigm Financial Partners LLC now owns 8,579 shares of the real estate investment trust’s stock worth $558,000 after purchasing an additional 4,241 shares in the last quarter. Finally, Headlands Technologies LLC purchased a new stake in shares of ProShares Ultra S&P500 in the fourth quarter valued at approximately $128,000.

ProShares Ultra S&P500 Stock Performance

NYSEARCA SSO traded up $0.52 on Thursday, reaching $75.63. 849,035 shares of the company were exchanged, compared to its average volume of 3,706,929. ProShares Ultra S&P500 has a fifty-two week low of $48.59 and a fifty-two week high of $77.96. The business’s fifty day moving average price is $74.27 and its 200 day moving average price is $67.04.

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.