MGO One Seven LLC Grows Position in ProShares Ultra S&P500 $SSO

MGO One Seven LLC boosted its stake in shares of ProShares Ultra S&P500 (NYSEARCA:SSO) by 117.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 25,546 shares of the real estate investment trust’s stock after purchasing an additional 13,818 shares during the period. MGO One Seven LLC’s holdings in ProShares Ultra S&P500 were worth $1,480,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Howard Capital Management Inc. boosted its holdings in shares of ProShares Ultra S&P500 by 100.0% in the 4th quarter. Howard Capital Management Inc. now owns 13,775,520 shares of the real estate investment trust’s stock valued at $797,878,000 after acquiring an additional 6,887,760 shares during the last quarter. Assetmark Inc. boosted its holdings in shares of ProShares Ultra S&P500 by 110,080.6% in the 3rd quarter. Assetmark Inc. now owns 6,635,078 shares of the real estate investment trust’s stock valued at $743,991,000 after acquiring an additional 6,629,056 shares during the last quarter. Main Street Group LTD boosted its holdings in shares of ProShares Ultra S&P500 by 101.6% in the 4th quarter. Main Street Group LTD now owns 1,207,033 shares of the real estate investment trust’s stock valued at $69,911,000 after acquiring an additional 608,334 shares during the last quarter. Goldman Sachs Group Inc. purchased a new stake in shares of ProShares Ultra S&P500 in the 1st quarter valued at $41,524,000. Finally, Global View Capital Management LLC boosted its holdings in shares of ProShares Ultra S&P500 by 329.8% in the 4th quarter. Global View Capital Management LLC now owns 465,496 shares of the real estate investment trust’s stock valued at $26,962,000 after acquiring an additional 357,202 shares during the last quarter.

ProShares Ultra S&P500 Price Performance

SSO stock opened at $66.51 on Tuesday. The firm’s fifty day simple moving average is $57.32 and its 200-day simple moving average is $57.85. The company has a market capitalization of $7.69 billion, a P/E ratio of 24.25 and a beta of 2.01. ProShares Ultra S&P500 has a 12 month low of $42.53 and a 12 month high of $66.80.

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