Larson Financial Group LLC boosted its stake in shares of ProShares Ultra S&P500 (NYSEARCA:SSO – Free Report) by 1,481.4% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 51,965 shares of the real estate investment trust’s stock after buying an additional 48,679 shares during the period. Larson Financial Group LLC’s holdings in ProShares Ultra S&P500 were worth $3,010,000 as of its most recent SEC filing.
Several other hedge funds have also recently bought and sold shares of the stock. Gables Capital Management Inc. raised its holdings in shares of ProShares Ultra S&P500 by 97.3% in the fourth quarter. Gables Capital Management Inc. now owns 7,240 shares of the real estate investment trust’s stock valued at $419,000 after purchasing an additional 3,570 shares during the last quarter. Csenge Advisory Group raised its holdings in shares of ProShares Ultra S&P500 by 2,104.8% in the fourth quarter. Csenge Advisory Group now owns 41,163 shares of the real estate investment trust’s stock valued at $2,384,000 after purchasing an additional 39,296 shares during the last quarter. HighTower Advisors LLC raised its holdings in shares of ProShares Ultra S&P500 by 108.2% in the fourth quarter. HighTower Advisors LLC now owns 342,979 shares of the real estate investment trust’s stock valued at $19,865,000 after purchasing an additional 178,274 shares during the last quarter. Tucker Asset Management LLC acquired a new stake in shares of ProShares Ultra S&P500 in the fourth quarter valued at approximately $49,000. Finally, Stephens Inc. AR raised its holdings in shares of ProShares Ultra S&P500 by 100.0% in the fourth quarter. Stephens Inc. AR now owns 4,306 shares of the real estate investment trust’s stock valued at $249,000 after purchasing an additional 2,153 shares during the last quarter.
ProShares Ultra S&P500 Stock Down 1.3%
NYSEARCA SSO opened at $65.45 on Wednesday. ProShares Ultra S&P500 has a 12-month low of $42.53 and a 12-month high of $68.35. The company has a market capitalization of $7.56 billion, a PE ratio of 24.25 and a beta of 2.01. The firm’s 50 day moving average is $58.44 and its 200-day moving average is $58.21.
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.
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Want to see what other hedge funds are holding SSO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ProShares Ultra S&P500 (NYSEARCA:SSO – Free Report).
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