Axxcess Wealth Management LLC raised its stake in ProShares Ultra S&P500 (NYSEARCA:SSO – Free Report) by 6.0% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 153,762 shares of the real estate investment trust’s stock after buying an additional 8,646 shares during the quarter. Axxcess Wealth Management LLC’s holdings in ProShares Ultra S&P500 were worth $8,906,000 as of its most recent SEC filing.
Several other institutional investors have also bought and sold shares of the stock. Pinkerton Wealth LLC increased its holdings in shares of ProShares Ultra S&P500 by 118.6% in the fourth quarter. Pinkerton Wealth LLC now owns 677,536 shares of the real estate investment trust’s stock valued at $39,243,000 after buying an additional 367,655 shares in the last quarter. Redmont Wealth Advisors LLC increased its holdings in shares of ProShares Ultra S&P500 by 99.9% in the 4th quarter. Redmont Wealth Advisors LLC now owns 7,400 shares of the real estate investment trust’s stock valued at $429,000 after purchasing an additional 3,699 shares during the period. PNC Financial Services Group Inc. increased its holdings in shares of ProShares Ultra S&P500 by 106.4% in the 4th quarter. PNC Financial Services Group Inc. now owns 129,268 shares of the real estate investment trust’s stock valued at $7,487,000 after purchasing an additional 66,634 shares during the period. Larson Financial Group LLC increased its holdings in shares of ProShares Ultra S&P500 by 1,481.4% in the 4th quarter. Larson Financial Group LLC now owns 51,965 shares of the real estate investment trust’s stock valued at $3,010,000 after purchasing an additional 48,679 shares during the period. Finally, Gables Capital Management Inc. increased its holdings in shares of ProShares Ultra S&P500 by 97.3% in the 4th 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 period.
ProShares Ultra S&P500 Trading Up 0.7%
NYSEARCA SSO opened at $67.51 on Friday. The company has a market capitalization of $7.80 billion, a PE ratio of 24.25 and a beta of 2.01. ProShares Ultra S&P500 has a 1-year low of $42.53 and a 1-year high of $68.35. The firm’s fifty day simple moving average is $59.08 and its 200-day simple moving average is $58.40.
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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