21,563 Shares in ProShares Ultra S&P500 $SSO Bought by Secure Asset Management LLC

Secure Asset Management LLC acquired a new stake in shares of ProShares Ultra S&P500 (NYSEARCA:SSO) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 21,563 shares of the real estate investment trust’s stock, valued at approximately $1,495,000.

Several other large investors also recently modified their holdings of the stock. Encompass More Asset Management raised its holdings in shares of ProShares Ultra S&P500 by 658.2% in the 3rd quarter. Encompass More Asset Management now owns 77,994 shares of the real estate investment trust’s stock worth $5,407,000 after buying an additional 67,707 shares in the last quarter. Howard Capital Management LLC lifted its position in shares of ProShares Ultra S&P500 by 5.0% during the 3rd quarter. Howard Capital Management LLC now owns 12,781,294 shares of the real estate investment trust’s stock worth $886,127,000 after buying an additional 610,680 shares during the period. Kennicott Capital Management LLC acquired a new stake in ProShares Ultra S&P500 in the 3rd quarter valued at $515,000. Legacy Wealth Partners LLC boosted its stake in ProShares Ultra S&P500 by 377.2% in the 3rd quarter. Legacy Wealth Partners LLC now owns 33,400 shares of the real estate investment trust’s stock valued at $2,316,000 after buying an additional 26,401 shares in the last quarter. Finally, Spartan Planning & Wealth Management boosted its stake in ProShares Ultra S&P500 by 96.5% in the 3rd quarter. Spartan Planning & Wealth Management now owns 12,212 shares of the real estate investment trust’s stock valued at $847,000 after buying an additional 5,998 shares in the last quarter.

ProShares Ultra S&P500 Price Performance

Shares of NYSEARCA:SSO opened at $69.83 on Tuesday. The business’s fifty day moving average price is $70.46 and its two-hundred day moving average price is $67.04. ProShares Ultra S&P500 has a fifty-two week low of $48.63 and a fifty-two week high of $72.80. The stock has a market capitalization of $8.94 billion, a price-to-earnings ratio of 24.25 and a beta of 2.01.

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