Brookstone Capital Management Purchases 162,340 Shares of ProShares Ultra S&P500 $SSO

Brookstone Capital Management lifted its position in shares of ProShares Ultra S&P500 (NYSEARCA:SSOFree Report) by 165.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 260,435 shares of the real estate investment trust’s stock after buying an additional 162,340 shares during the period. Brookstone Capital Management owned about 0.19% of ProShares Ultra S&P500 worth $15,084,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of SSO. Assetmark Inc. lifted its stake in 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 valued at $743,991,000 after acquiring an additional 6,629,056 shares in the last quarter. Main Street Group LTD boosted its position in ProShares Ultra S&P500 by 3.1% during 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 acquiring an additional 17,929 shares during the last quarter. Goldman Sachs Group Inc. bought a new position in shares of ProShares Ultra S&P500 during the 1st quarter worth approximately $41,524,000. Global View Capital Management LLC grew its stake in shares of ProShares Ultra S&P500 by 329.8% during 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 acquiring an additional 357,202 shares in the last quarter. Finally, TTP Investments Inc. raised its holdings in shares of ProShares Ultra S&P500 by 8.2% in the third quarter. TTP Investments Inc. now owns 411,714 shares of the real estate investment trust’s stock valued at $46,573,000 after purchasing an additional 31,063 shares during the last quarter.

Trending Headlines about ProShares Ultra S&P500

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ProShares Ultra S&P500 Trading Up 5.7%

Shares of SSO stock opened at $51.88 on Wednesday. ProShares Ultra S&P500 has a 1 year low of $30.42 and a 1 year high of $60.37. The firm’s fifty day moving average price is $56.67 and its two-hundred day moving average price is $57.08. The firm has a market capitalization of $6.83 billion, a P/E ratio of 24.25 and a beta of 2.01.

ProShares Ultra S&P500 Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Wednesday, March 25th were issued a $0.1138 dividend. The ex-dividend date was Wednesday, March 25th. This represents a $0.46 annualized dividend and a dividend yield of 0.9%.

ProShares Ultra S&P500 Profile

(Free Report)

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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Institutional Ownership by Quarter for ProShares Ultra S&P500 (NYSEARCA:SSO)

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