ProShares Ultra S&P500 (NYSEARCA:SSO) is Client First Investment Management LLC’s 2nd Largest Position

Client First Investment Management LLC grew its stake in ProShares Ultra S&P500 (NYSEARCA:SSO) by 15.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 388,008 shares of the real estate investment trust’s stock after purchasing an additional 53,310 shares during the period. ProShares Ultra S&P500 comprises approximately 23.1% of Client First Investment Management LLC’s investment portfolio, making the stock its 2nd largest holding. Client First Investment Management LLC owned 0.67% of ProShares Ultra S&P500 worth $35,895,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Professional Financial Advisors LLC grew its position in shares of ProShares Ultra S&P500 by 0.6% during the 3rd quarter. Professional Financial Advisors LLC now owns 25,231 shares of the real estate investment trust’s stock valued at $2,275,000 after acquiring an additional 148 shares during the period. Abound Wealth Management grew its holdings in ProShares Ultra S&P500 by 46.7% in the fourth quarter. Abound Wealth Management now owns 782 shares of the real estate investment trust’s stock valued at $72,000 after purchasing an additional 249 shares during the period. Oliver Lagore Vanvalin Investment Group increased its position in shares of ProShares Ultra S&P500 by 39.0% in the second quarter. Oliver Lagore Vanvalin Investment Group now owns 1,344 shares of the real estate investment trust’s stock valued at $111,000 after buying an additional 377 shares in the last quarter. Fortitude Family Office LLC acquired a new position in shares of ProShares Ultra S&P500 during the 3rd quarter worth approximately $42,000. Finally, BNP Paribas Financial Markets acquired a new position in shares of ProShares Ultra S&P500 during the 3rd quarter worth approximately $48,000.

ProShares Ultra S&P500 Price Performance

ProShares Ultra S&P500 stock opened at $95.78 on Friday. The company’s fifty day moving average price is $95.70 and its 200 day moving average price is $89.76. ProShares Ultra S&P500 has a 1 year low of $63.99 and a 1 year high of $100.12.

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.