Asset Management Group Inc. Increases Holdings in ProShares Ultra S&P500 (NYSEARCA:SSO)

Asset Management Group Inc. lifted its position in ProShares Ultra S&P500 (NYSEARCA:SSO) by 0.1% 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 149,778 shares of the real estate investment trust’s stock after buying an additional 135 shares during the quarter. ProShares Ultra S&P500 makes up approximately 2.5% of Asset Management Group Inc.’s portfolio, making the stock its 13th biggest holding. Asset Management Group Inc.’s holdings in ProShares Ultra S&P500 were worth $13,856,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of SSO. Tidal Investments LLC purchased a new position in ProShares Ultra S&P500 during the third quarter worth about $1,137,000. JPMorgan Chase & Co. raised its stake in ProShares Ultra S&P500 by 21.4% in the third quarter. JPMorgan Chase & Co. now owns 36,272 shares of the real estate investment trust’s stock valued at $3,271,000 after purchasing an additional 6,406 shares in the last quarter. Silverleafe Capital Partners LLC lifted its position in ProShares Ultra S&P500 by 44.7% during the fourth quarter. Silverleafe Capital Partners LLC now owns 4,097 shares of the real estate investment trust’s stock valued at $379,000 after purchasing an additional 1,266 shares during the last quarter. Innova Wealth Partners bought a new stake in ProShares Ultra S&P500 during the fourth quarter valued at approximately $2,442,000. Finally, Wealth Enhancement Advisory Services LLC grew its stake in ProShares Ultra S&P500 by 9.2% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 9,538 shares of the real estate investment trust’s stock worth $860,000 after buying an additional 800 shares in the last quarter.

ProShares Ultra S&P500 Stock Performance

NYSEARCA SSO opened at $82.85 on Friday. ProShares Ultra S&P500 has a 52-week low of $60.84 and a 52-week high of $100.29. The company has a fifty day moving average of $80.27 and a 200-day moving average of $90.28. The company has a market capitalization of $4.98 billion, a P/E ratio of 21.58 and a beta of 2.02.

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.