Cadent Capital Advisors LLC Invests $215,000 in ProShares Ultra S&P500 $SSO

Cadent Capital Advisors LLC purchased a new position in shares of ProShares Ultra S&P500 (NYSEARCA:SSO) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 2,198 shares of the real estate investment trust’s stock, valued at approximately $215,000.

Several other hedge funds have also recently bought and sold shares of SSO. Centaurus Financial Inc. increased its position in ProShares Ultra S&P500 by 223.7% during the fourth quarter. Centaurus Financial Inc. now owns 23,610 shares of the real estate investment trust’s stock worth $2,184,000 after buying an additional 16,316 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in shares of ProShares Ultra S&P500 by 1.7% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 8,888 shares of the real estate investment trust’s stock valued at $822,000 after acquiring an additional 150 shares during the last quarter. CPR Investments Inc. increased its holdings in shares of ProShares Ultra S&P500 by 12.1% during the 1st quarter. CPR Investments Inc. now owns 24,037 shares of the real estate investment trust’s stock valued at $1,990,000 after acquiring an additional 2,599 shares during the last quarter. GenWealth Group Inc. increased its holdings in shares of ProShares Ultra S&P500 by 4.5% during the 1st quarter. GenWealth Group Inc. now owns 80,284 shares of the real estate investment trust’s stock valued at $6,646,000 after acquiring an additional 3,431 shares during the last quarter. Finally, Farther Finance Advisors LLC increased its holdings in shares of ProShares Ultra S&P500 by 28.9% during the 1st quarter. Farther Finance Advisors LLC now owns 11,499 shares of the real estate investment trust’s stock valued at $958,000 after acquiring an additional 2,581 shares during the last quarter.

ProShares Ultra S&P500 Stock Down 0.9%

Shares of SSO stock opened at $109.51 on Friday. ProShares Ultra S&P500 has a 12 month low of $60.84 and a 12 month high of $112.88. The business’s 50 day moving average is $105.20 and its two-hundred day moving average is $92.69. The company has a market cap of $7.47 billion, a PE ratio of 24.25 and a beta of 2.03.

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.