120,593 Shares in ProShares Ultra S&P500 $SSO Acquired by Three Seasons Wealth LLC

Three Seasons Wealth LLC acquired a new stake in shares of ProShares Ultra S&P500 (NYSEARCA:SSO) in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 120,593 shares of the real estate investment trust’s stock, valued at approximately $8,126,000. ProShares Ultra S&P500 accounts for 0.7% of Three Seasons Wealth LLC’s portfolio, making the stock its 10th biggest holding. Three Seasons Wealth LLC owned 0.10% of ProShares Ultra S&P500 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Evolution Wealth Management Inc. lifted its position in shares of ProShares Ultra S&P500 by 100.0% during the fourth quarter. Evolution Wealth Management Inc. now owns 630 shares of the real estate investment trust’s stock worth $36,000 after purchasing an additional 315 shares during the last quarter. Western Wealth Management LLC bought a new position in shares of ProShares Ultra S&P500 in the first quarter worth about $37,000. Tucker Asset Management LLC bought a new position in shares of ProShares Ultra S&P500 in the fourth quarter worth about $49,000. Bogart Wealth LLC bought a new position in shares of ProShares Ultra S&P500 in the first quarter worth about $55,000. Finally, Winnow Wealth LLC increased its stake in ProShares Ultra S&P500 by 100.3% in the 4th quarter. Winnow Wealth LLC now owns 1,216 shares of the real estate investment trust’s stock worth $71,000 after buying an additional 609 shares during the period.

ProShares Ultra S&P500 Price Performance

Shares of SSO opened at $70.80 on Friday. ProShares Ultra S&P500 has a 1-year low of $48.63 and a 1-year high of $72.80. The company has a 50-day moving average of $68.88 and a 200 day moving average of $63.73. The firm has a market capitalization of $8.26 billion, a price-to-earnings ratio of 24.25 and a beta of 2.01.

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