ProShares Ultra S&P500 (NYSEARCA:SSO) Shares Sold by Brookstone Capital Management

Brookstone Capital Management lessened its position in ProShares Ultra S&P500 (NYSEARCA:SSO) by 11.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 147,511 shares of the real estate investment trust’s stock after selling 19,722 shares during the period. Brookstone Capital Management owned approximately 0.26% of ProShares Ultra S&P500 worth $13,646,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of SSO. Fortitude Family Office LLC bought a new position in shares of ProShares Ultra S&P500 during the 3rd quarter valued at about $42,000. BNP Paribas Financial Markets acquired a new stake in shares of ProShares Ultra S&P500 during the third quarter worth approximately $48,000. Northwestern Mutual Wealth Management Co. acquired a new stake in shares of ProShares Ultra S&P500 during the second quarter worth approximately $58,000. Eastern Bank acquired a new stake in shares of ProShares Ultra S&P500 during the third quarter worth approximately $81,000. Finally, Oliver Lagore Vanvalin Investment Group boosted its holdings in shares of ProShares Ultra S&P500 by 39.0% during the second quarter. Oliver Lagore Vanvalin Investment Group now owns 1,344 shares of the real estate investment trust’s stock worth $111,000 after purchasing an additional 377 shares during the period.

ProShares Ultra S&P500 Stock Performance

Shares of SSO stock traded down $0.97 during trading on Monday, hitting $89.59. 811,066 shares of the company were exchanged, compared to its average volume of 2,469,436. The business’s 50-day simple moving average is $95.72 and its 200 day simple moving average is $89.45. ProShares Ultra S&P500 has a twelve month low of $63.33 and a twelve month high of $100.12.

About ProShares Ultra S&P500

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.