Everhart Financial Group Inc. Acquires New Stake in ProShares Ultra S&P500 (NYSEARCA:SSO)

Everhart Financial Group Inc. acquired a new stake in shares of ProShares Ultra S&P500 (NYSEARCA:SSO) in the 1st quarter, Holdings Channel reports. The institutional investor acquired 3,685 shares of the real estate investment trust’s stock, valued at approximately $305,000.

Several other large investors also recently added to or reduced their stakes in the business. Rollins Financial Advisors LLC boosted its stake in ProShares Ultra S&P500 by 1.0% during the fourth quarter. Rollins Financial Advisors LLC now owns 12,048 shares of the real estate investment trust’s stock valued at $1,115,000 after buying an additional 115 shares during the period. Wealth Enhancement Advisory Services LLC raised its position in ProShares Ultra S&P500 by 1.7% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 8,888 shares of the real estate investment trust’s stock valued at $822,000 after purchasing an additional 150 shares in the last quarter. Mariner LLC raised its position in ProShares Ultra S&P500 by 1.1% during the fourth quarter. Mariner LLC now owns 15,172 shares of the real estate investment trust’s stock valued at $1,404,000 after purchasing an additional 161 shares in the last quarter. CoreCap Advisors LLC raised its position in ProShares Ultra S&P500 by 2.7% during the fourth quarter. CoreCap Advisors LLC now owns 9,193 shares of the real estate investment trust’s stock valued at $850,000 after purchasing an additional 239 shares in the last quarter. Finally, Sequoia Financial Advisors LLC raised its position in ProShares Ultra S&P500 by 3.0% during the fourth quarter. Sequoia Financial Advisors LLC now owns 8,378 shares of the real estate investment trust’s stock valued at $775,000 after purchasing an additional 241 shares in the last quarter.

ProShares Ultra S&P500 Stock Down 2.3%

NYSEARCA SSO opened at $91.14 on Friday. The stock’s 50-day simple moving average is $83.10 and its two-hundred day simple moving average is $89.20. ProShares Ultra S&P500 has a twelve month low of $60.84 and a twelve month high of $100.29. The company has a market capitalization of $5.71 billion, a price-to-earnings ratio of 24.25 and a beta of 2.02.

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.