Clear Creek Financial Management LLC Increases Stock Position in ProShares Ultra S&P500 (NYSEARCA:SSO)

Clear Creek Financial Management LLC grew its position in shares of ProShares Ultra S&P500 (NYSEARCA:SSO) by 5.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 21,641 shares of the real estate investment trust’s stock after acquiring an additional 1,098 shares during the period. Clear Creek Financial Management LLC’s holdings in ProShares Ultra S&P500 were worth $1,788,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Tennessee Valley Asset Management Partners purchased a new stake in ProShares Ultra S&P500 in the fourth quarter worth $26,000. Whittier Trust Co. bought a new stake in shares of ProShares Ultra S&P500 during the 1st quarter valued at about $60,000. CWM LLC grew its holdings in ProShares Ultra S&P500 by 964.2% during the second quarter. CWM LLC now owns 862 shares of the real estate investment trust’s stock valued at $71,000 after purchasing an additional 781 shares during the period. Headlands Technologies LLC bought a new position in shares of ProShares Ultra S&P500 during the 4th quarter valued at approximately $128,000. Finally, Wealthspire Advisors LLC purchased a new stake in ProShares Ultra S&P500 in the 1st quarter worth approximately $206,000.

ProShares Ultra S&P500 Price Performance

NYSEARCA:SSO traded up $1.74 during trading hours on Friday, hitting $86.81. 2,008,512 shares of the stock traded hands, compared to its average volume of 3,298,496. The stock has a 50 day moving average price of $83.18 and a 200 day moving average price of $77.90. ProShares Ultra S&P500 has a 1 year low of $48.59 and a 1 year high of $88.82.

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.