ProShares Ultra S&P500 $SSO Shares Sold by Discipline Wealth Solutions LLC

Discipline Wealth Solutions LLC reduced its position in ProShares Ultra S&P500 (NYSEARCA:SSO) by 43.3% in the 1st quarter, Holdings Channel reports. The institutional investor owned 15,070 shares of the real estate investment trust’s stock after selling 11,515 shares during the period. Discipline Wealth Solutions LLC’s holdings in ProShares Ultra S&P500 were worth $782,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Evolution Wealth Management Inc. grew its position in shares of ProShares Ultra S&P500 by 100.0% during the 4th quarter. Evolution Wealth Management Inc. now owns 630 shares of the real estate investment trust’s stock valued at $36,000 after buying an additional 315 shares during the last quarter. Park Square Financial Group LLC acquired a new stake in ProShares Ultra S&P500 in the 3rd quarter valued at approximately $47,000. Tucker Asset Management LLC acquired a new position in shares of ProShares Ultra S&P500 during the fourth quarter valued at $49,000. Corsicana & Co. increased its stake in ProShares Ultra S&P500 by 100.0% during the 4th quarter. Corsicana & Co. now owns 920 shares of the real estate investment trust’s stock valued at $53,000 after buying an additional 460 shares during the period. Finally, Abound Wealth Management increased its stake in shares of ProShares Ultra S&P500 by 100.0% during the fourth quarter. Abound Wealth Management now owns 1,066 shares of the real estate investment trust’s stock valued at $62,000 after acquiring an additional 533 shares during the period.

ProShares Ultra S&P500 Stock Performance

SSO opened at $67.20 on Tuesday. The stock’s fifty day moving average is $65.20 and its 200-day moving average is $60.02. ProShares Ultra S&P500 has a one year low of $44.99 and a one year high of $70.13. The company has a market capitalization of $7.76 billion, a PE ratio of 24.25 and a beta of 2.01.

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