Global View Capital Management LLC Purchases 357,202 Shares of ProShares Ultra S&P500 $SSO

Global View Capital Management LLC grew its position in shares of ProShares Ultra S&P500 (NYSEARCA:SSO) by 329.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 465,496 shares of the real estate investment trust’s stock after purchasing an additional 357,202 shares during the quarter. ProShares Ultra S&P500 makes up about 5.0% of Global View Capital Management LLC’s portfolio, making the stock its 6th biggest holding. Global View Capital Management LLC owned 0.34% of ProShares Ultra S&P500 worth $26,962,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the company. Assetmark Inc. lifted its stake in shares of 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 purchasing an additional 6,629,056 shares during the period. Main Street Group LTD grew its position in ProShares Ultra S&P500 by 3.1% during the third quarter. Main Street Group LTD now owns 598,699 shares of the real estate investment trust’s stock valued at $67,132,000 after buying an additional 17,929 shares during the period. Goldman Sachs Group Inc. acquired a new stake in ProShares Ultra S&P500 during the first quarter valued at $41,524,000. TTP Investments Inc. increased its holdings in 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 buying an additional 31,063 shares in the last quarter. Finally, Spire Wealth Management increased its holdings in ProShares Ultra S&P500 by 116.3% in the fourth quarter. Spire Wealth Management now owns 370,353 shares of the real estate investment trust’s stock valued at $21,451,000 after buying an additional 199,144 shares in the last quarter.

ProShares Ultra S&P500 Stock Performance

Shares of ProShares Ultra S&P500 stock opened at $49.38 on Monday. The firm has a 50-day simple moving average of $56.98 and a two-hundred day simple moving average of $57.14. The company has a market cap of $6.50 billion, a P/E ratio of 24.25 and a beta of 2.01. ProShares Ultra S&P500 has a fifty-two week low of $30.42 and a fifty-two week high of $60.37.

ProShares Ultra S&P500 Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Wednesday, March 25th will be paid a $0.1138 dividend. This represents a $0.46 annualized dividend and a dividend yield of 0.9%. The ex-dividend date is Wednesday, March 25th.

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. Index Committee through a non-mechanical process that factors criteria, such as liquidity, price, market capitalization and financial viability.