Discipline Wealth Solutions LLC Acquires 13,668 Shares of ProShares Ultra S&P500 $SSO

Discipline Wealth Solutions LLC grew its position in ProShares Ultra S&P500 (NYSEARCA:SSO) by 105.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 26,585 shares of the real estate investment trust’s stock after buying an additional 13,668 shares during the quarter. Discipline Wealth Solutions LLC’s holdings in ProShares Ultra S&P500 were worth $1,540,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the company. Howard Capital Management Inc. lifted its holdings in shares of ProShares Ultra S&P500 by 100.0% in the 4th quarter. Howard Capital Management Inc. now owns 13,775,520 shares of the real estate investment trust’s stock worth $797,878,000 after buying an additional 6,887,760 shares during the period. Assetmark Inc. lifted its holdings in shares of ProShares Ultra S&P500 by 110,080.6% in the 3rd quarter. Assetmark Inc. now owns 6,635,078 shares of the real estate investment trust’s stock worth $743,991,000 after buying an additional 6,629,056 shares during the period. Main Street Group LTD lifted its holdings in shares of ProShares Ultra S&P500 by 3.1% in the 3rd quarter. Main Street Group LTD now owns 598,699 shares of the real estate investment trust’s stock worth $67,132,000 after buying an additional 17,929 shares during the period. Goldman Sachs Group Inc. purchased a new stake in shares of ProShares Ultra S&P500 in the 1st quarter worth $41,524,000. Finally, Global View Capital Management LLC lifted its holdings in shares of ProShares Ultra S&P500 by 329.8% in the 4th quarter. Global View Capital Management LLC now owns 465,496 shares of the real estate investment trust’s stock worth $26,962,000 after buying an additional 357,202 shares during the period.

ProShares Ultra S&P500 Trading Up 1.5%

Shares of SSO stock opened at $59.90 on Thursday. ProShares Ultra S&P500 has a twelve month low of $33.47 and a twelve month high of $60.37. The stock has a market capitalization of $6.31 billion, a price-to-earnings ratio of 24.25 and a beta of 2.00. The stock has a fifty day simple moving average of $55.84 and a two-hundred day simple moving average of $57.07.

ProShares Ultra S&P500 Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Wednesday, March 25th were issued a $0.1138 dividend. This represents a $0.46 annualized dividend and a dividend yield of 0.8%. The ex-dividend date was Wednesday, March 25th.

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