21,563 Shares in ProShares Ultra S&P500 $SSO Purchased by Secure Asset Management LLC

Secure Asset Management LLC bought a new stake in ProShares Ultra S&P500 (NYSEARCA:SSO) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 21,563 shares of the real estate investment trust’s stock, valued at approximately $1,495,000.

Other large investors have also modified their holdings of the company. Howard Capital Management LLC boosted its stake in ProShares Ultra S&P500 by 5.0% during the third quarter. Howard Capital Management LLC now owns 12,781,294 shares of the real estate investment trust’s stock worth $886,127,000 after buying an additional 610,680 shares in the last quarter. Turner Capital Investments LLC bought a new stake in ProShares Ultra S&P500 in the 3rd quarter valued at $39,489,000. Client First Investment Management LLC increased its holdings in ProShares Ultra S&P500 by 361.3% in the 2nd quarter. Client First Investment Management LLC now owns 544,551 shares of the real estate investment trust’s stock valued at $36,692,000 after buying an additional 426,494 shares during the period. Ridgepath Capital Management LLC increased its holdings in ProShares Ultra S&P500 by 4.1% in the 1st quarter. Ridgepath Capital Management LLC now owns 370,104 shares of the real estate investment trust’s stock valued at $19,201,000 after buying an additional 14,667 shares during the period. Finally, Toth Financial Advisory Corp bought a new stake in ProShares Ultra S&P500 in the 3rd quarter valued at $15,896,000.

ProShares Ultra S&P500 Stock Performance

Shares of SSO stock opened at $69.83 on Tuesday. ProShares Ultra S&P500 has a 52-week low of $48.63 and a 52-week high of $72.80. The stock has a market cap of $8.94 billion, a price-to-earnings ratio of 24.25 and a beta of 2.01. The firm has a fifty day moving average of $70.46 and a 200-day moving average of $67.04.

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.