Berger Financial Group Inc Has $1.12 Million Stock Holdings in ProShares Ultra S&P500 $SSO

Berger Financial Group Inc increased its position in ProShares Ultra S&P500 (NYSEARCA:SSO) by 6.3% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 11,444 shares of the real estate investment trust’s stock after purchasing an additional 679 shares during the quarter. Berger Financial Group Inc’s holdings in ProShares Ultra S&P500 were worth $1,118,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Kingstone Capital Partners Texas LLC bought a new stake in ProShares Ultra S&P500 in the second quarter valued at approximately $461,738,000. Goldman Sachs Group Inc. bought a new stake in ProShares Ultra S&P500 in the 1st quarter valued at $41,524,000. Marshall Financial Group LLC lifted its holdings in ProShares Ultra S&P500 by 1,650.1% during the 1st quarter. Marshall Financial Group LLC now owns 173,420 shares of the real estate investment trust’s stock valued at $14,356,000 after purchasing an additional 163,511 shares during the last quarter. Client First Investment Management LLC bought a new position in ProShares Ultra S&P500 during the second quarter worth $14,028,000. Finally, NBZ Investment Advisors LLC bought a new position in ProShares Ultra S&P500 during the first quarter worth $11,645,000.

ProShares Ultra S&P500 Price Performance

Shares of SSO opened at $113.09 on Monday. The company’s 50-day moving average is $106.45 and its 200-day moving average is $94.03. The firm has a market capitalization of $7.77 billion, a PE ratio of 24.25 and a beta of 2.03. ProShares Ultra S&P500 has a fifty-two week low of $60.84 and a fifty-two week high of $114.26.

ProShares Ultra S&P500 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.