Silverleafe Capital Partners LLC lifted its holdings in shares of ProShares Ultra S&P500 (NYSEARCA:SSO – Free Report) by 44.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,097 shares of the real estate investment trust’s stock after acquiring an additional 1,266 shares during the period. Silverleafe Capital Partners LLC’s holdings in ProShares Ultra S&P500 were worth $379,000 at the end of the most recent reporting period.
Other hedge funds also recently modified their holdings of the company. Axxcess Wealth Management LLC lifted its holdings in ProShares Ultra S&P500 by 0.3% during the third quarter. Axxcess Wealth Management LLC now owns 317,197 shares of the real estate investment trust’s stock worth $28,602,000 after acquiring an additional 863 shares during the period. Ridgepath Capital Management LLC grew its position in ProShares Ultra S&P500 by 3.1% during the third quarter. Ridgepath Capital Management LLC now owns 312,827 shares of the real estate investment trust’s stock worth $28,208,000 after buying an additional 9,316 shares in the last quarter. Ascent Group LLC grew its stake in ProShares Ultra S&P500 by 7.7% in the 2nd quarter. Ascent Group LLC now owns 83,610 shares of the real estate investment trust’s stock worth $6,906,000 after buying an additional 5,972 shares in the last quarter. Ashton Thomas Private Wealth LLC raised its position in ProShares Ultra S&P500 by 4,542.9% during the third quarter. Ashton Thomas Private Wealth LLC now owns 59,754 shares of the real estate investment trust’s stock valued at $5,388,000 after purchasing an additional 58,467 shares in the last quarter. Finally, Plotkin Financial Advisors LLC bought a new stake in ProShares Ultra S&P500 in the 3rd quarter worth approximately $4,384,000.
ProShares Ultra S&P500 Stock Up 1.8 %
Shares of NYSEARCA:SSO traded up $1.73 on Monday, reaching $96.01. 1,243,010 shares of the company traded hands, compared to its average volume of 2,174,283. The business’s 50-day simple moving average is $95.44 and its 200 day simple moving average is $89.09. ProShares Ultra S&P500 has a 52 week low of $63.05 and a 52 week 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.
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