9,337 Shares in ProShares Ultra S&P500 $SSO Acquired by Balboa Wealth Partners

Balboa Wealth Partners bought a new position in shares of ProShares Ultra S&P500 (NYSEARCA:SSO) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 9,337 shares of the real estate investment trust’s stock, valued at approximately $912,000.

Several other hedge funds and other institutional investors have also made changes to their positions in SSO. Kingstone Capital Partners Texas LLC acquired a new stake in ProShares Ultra S&P500 during the 2nd quarter valued at $461,738,000. Main Street Group LTD lifted its holdings in ProShares Ultra S&P500 by 3.1% during the 2nd quarter. Main Street Group LTD now owns 580,770 shares of the real estate investment trust’s stock valued at $56,753,000 after purchasing an additional 17,385 shares during the last quarter. Goldman Sachs Group Inc. acquired a new stake in ProShares Ultra S&P500 during the 1st quarter valued at $41,524,000. Ridgepath Capital Management LLC lifted its holdings in ProShares Ultra S&P500 by 22.5% during the 1st quarter. Ridgepath Capital Management LLC now owns 386,197 shares of the real estate investment trust’s stock valued at $31,969,000 after purchasing an additional 70,898 shares during the last quarter. Finally, TTP Investments Inc. lifted its holdings in ProShares Ultra S&P500 by 18.8% during the 2nd quarter. TTP Investments Inc. now owns 380,651 shares of the real estate investment trust’s stock valued at $37,197,000 after purchasing an additional 60,361 shares during the last quarter.

ProShares Ultra S&P500 Price Performance

Shares of ProShares Ultra S&P500 stock opened at $111.07 on Monday. The business has a fifty day simple moving average of $108.44 and a two-hundred day simple moving average of $95.96. ProShares Ultra S&P500 has a 1 year low of $60.84 and a 1 year high of $114.61. The company has a market capitalization of $7.27 billion, a price-to-earnings ratio of 24.25 and a beta of 2.03.

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.