ProShares Ultra S&P500 $SSO Shares Acquired by Smith Chas P & Associates PA Cpas

Smith Chas P & Associates PA Cpas lifted its position in shares of ProShares Ultra S&P500 (NYSEARCA:SSO) by 100.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 114,946 shares of the real estate investment trust’s stock after purchasing an additional 57,473 shares during the period. Smith Chas P & Associates PA Cpas’ holdings in ProShares Ultra S&P500 were worth $6,658,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the company. Client First Investment Management LLC increased its stake in shares of ProShares Ultra S&P500 by 493.5% in the fourth quarter. Client First Investment Management LLC now owns 540,061 shares of the real estate investment trust’s stock worth $31,280,000 after buying an additional 449,066 shares during the last quarter. Waystone Advisors LLC bought a new stake in shares of ProShares Ultra S&P500 in the fourth quarter worth $230,000. Revere Asset Management Inc increased its stake in shares of ProShares Ultra S&P500 by 75.7% in the fourth quarter. Revere Asset Management Inc now owns 508,989 shares of the real estate investment trust’s stock worth $29,481,000 after buying an additional 219,283 shares during the last quarter. Clearstead Advisors LLC increased its stake in shares of ProShares Ultra S&P500 by 100.0% in the fourth quarter. Clearstead Advisors LLC now owns 5,200 shares of the real estate investment trust’s stock worth $301,000 after buying an additional 2,600 shares during the last quarter. Finally, EverSource Wealth Advisors LLC increased its stake in shares of ProShares Ultra S&P500 by 124.5% in the fourth quarter. EverSource Wealth Advisors LLC now owns 3,595 shares of the real estate investment trust’s stock worth $208,000 after buying an additional 1,994 shares during the last quarter.

ProShares Ultra S&P500 Trading Down 0.0%

Shares of NYSEARCA:SSO opened at $68.38 on Thursday. The company has a fifty day simple moving average of $59.90 and a 200 day simple moving average of $58.63. The firm has a market cap of $7.90 billion, a PE ratio of 24.25 and a beta of 2.01. ProShares Ultra S&P500 has a 12-month low of $43.60 and a 12-month high of $68.68.

ProShares Ultra S&P500 Company 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.