HB Wealth Management LLC bought a new position in shares of ProShares Ultra S&P500 (NYSEARCA:SSO – Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 2,272 shares of the real estate investment trust’s stock, valued at approximately $222,000.
Several other institutional investors have also recently added to or reduced their stakes in the business. Kingstone Capital Partners Texas LLC purchased a new stake in ProShares Ultra S&P500 in the second quarter valued at approximately $461,738,000. Goldman Sachs Group Inc. purchased a new stake in ProShares Ultra S&P500 in the first quarter valued at approximately $41,524,000. Marshall Financial Group LLC lifted its stake in ProShares Ultra S&P500 by 1,650.1% in the first quarter. Marshall Financial Group LLC now owns 173,420 shares of the real estate investment trust’s stock valued at $14,356,000 after buying an additional 163,511 shares during the last quarter. Client First Investment Management LLC purchased a new stake in ProShares Ultra S&P500 in the second quarter valued at approximately $14,028,000. Finally, NBZ Investment Advisors LLC purchased a new stake in ProShares Ultra S&P500 in the first quarter valued at approximately $11,645,000.
ProShares Ultra S&P500 Trading Down 0.7%
Shares of NYSEARCA SSO opened at $113.03 on Wednesday. ProShares Ultra S&P500 has a twelve month low of $60.84 and a twelve month high of $114.34. The stock has a 50 day moving average of $106.87 and a two-hundred day moving average of $94.36. The stock has a market cap of $7.77 billion, a P/E ratio of 24.25 and a beta of 2.03.
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.
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