Wealth Enhancement Advisory Services LLC Purchases 167 Shares of ProShares Ultra S&P500 $SSO

Wealth Enhancement Advisory Services LLC increased its position in shares of ProShares Ultra S&P500 (NYSEARCA:SSO) by 1.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 9,055 shares of the real estate investment trust’s stock after acquiring an additional 167 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in ProShares Ultra S&P500 were worth $905,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of SSO. Goldman Sachs Group Inc. bought a new stake in ProShares Ultra S&P500 during the 1st quarter worth approximately $41,524,000. Marshall Financial Group LLC increased 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 worth $14,356,000 after acquiring an additional 163,511 shares during the period. Client First Investment Management LLC bought a new stake in ProShares Ultra S&P500 during the 2nd quarter worth approximately $14,028,000. NBZ Investment Advisors LLC bought a new stake in ProShares Ultra S&P500 during the 1st quarter worth approximately $11,645,000. Finally, Harbor Capital Advisors Inc. purchased a new position in ProShares Ultra S&P500 in the 1st quarter worth approximately $7,848,000.

ProShares Ultra S&P500 Price Performance

SSO stock opened at $113.12 on Friday. ProShares Ultra S&P500 has a one year low of $60.84 and a one year high of $113.59. The stock has a market cap of $7.72 billion, a PE ratio of 24.25 and a beta of 2.03. The firm has a 50 day simple moving average of $106.26 and a two-hundred day simple moving average of $93.70.

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.