45,200 Shares in ProShares Ultra S&P500 $SSO Bought by Pinkerton Wealth LLC

Pinkerton Wealth LLC bought a new stake in ProShares Ultra S&P500 (NYSEARCA:SSO) during the 3rd quarter, Holdings Channel reports. The firm bought 45,200 shares of the real estate investment trust’s stock, valued at approximately $3,134,000.

A number of other institutional investors have also modified their holdings of the stock. MGO One Seven LLC raised its stake in shares of ProShares Ultra S&P500 by 1.8% during the third quarter. MGO One Seven LLC now owns 23,343 shares of the real estate investment trust’s stock worth $1,618,000 after purchasing an additional 412 shares during the last quarter. Partners Wealth Management LLC acquired a new stake in shares of ProShares Ultra S&P500 during the third quarter worth $921,000. Founders Financial Securities LLC purchased a new position in ProShares Ultra S&P500 in the 3rd quarter valued at $1,331,000. Blueprint Investment Partners LLC grew its position in ProShares Ultra S&P500 by 8.4% in the 3rd quarter. Blueprint Investment Partners LLC now owns 105,638 shares of the real estate investment trust’s stock valued at $7,324,000 after buying an additional 8,230 shares during the last quarter. Finally, Blueprint Financial Advisors LLC grew its position in ProShares Ultra S&P500 by 1.8% in the 3rd quarter. Blueprint Financial Advisors LLC now owns 59,313 shares of the real estate investment trust’s stock valued at $4,112,000 after buying an additional 1,030 shares during the last quarter.

ProShares Ultra S&P500 Stock Performance

Shares of SSO opened at $67.67 on Monday. The stock has a market capitalization of $8.45 billion, a P/E ratio of 24.25 and a beta of 2.01. The company’s fifty day moving average is $70.20 and its two-hundred day moving average is $64.47. ProShares Ultra S&P500 has a 1 year low of $48.63 and a 1 year high of $72.80.

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.