ProShares Ultra S&P500 $SSO Stock Holdings Lifted by Revere Asset Management Inc

Revere Asset Management Inc lifted its position in ProShares Ultra S&P500 (NYSEARCA:SSO) by 75.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 508,989 shares of the real estate investment trust’s stock after acquiring an additional 219,283 shares during the period. ProShares Ultra S&P500 comprises approximately 10.4% of Revere Asset Management Inc’s holdings, making the stock its 2nd largest position. Revere Asset Management Inc’s holdings in ProShares Ultra S&P500 were worth $29,481,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in SSO. First Heartland Consultants Inc. increased its stake in ProShares Ultra S&P500 by 7.8% in the 3rd quarter. First Heartland Consultants Inc. now owns 2,248 shares of the real estate investment trust’s stock valued at $252,000 after buying an additional 163 shares during the period. Tudor Investment Corp ET AL increased its stake in ProShares Ultra S&P500 by 4.6% in the 3rd quarter. Tudor Investment Corp ET AL now owns 4,573 shares of the real estate investment trust’s stock valued at $513,000 after buying an additional 200 shares during the period. Harvest Investment Services LLC increased its stake in ProShares Ultra S&P500 by 3.6% in the 3rd quarter. Harvest Investment Services LLC now owns 7,897 shares of the real estate investment trust’s stock valued at $885,000 after buying an additional 271 shares during the period. Bank of America Corp DE increased its stake in ProShares Ultra S&P500 by 1.3% in the 3rd quarter. Bank of America Corp DE now owns 22,583 shares of the real estate investment trust’s stock valued at $2,532,000 after buying an additional 300 shares during the period. Finally, Blair William & Co. IL increased its stake in ProShares Ultra S&P500 by 4.4% in the 3rd quarter. Blair William & Co. IL now owns 8,878 shares of the real estate investment trust’s stock valued at $995,000 after buying an additional 371 shares during the period.

ProShares Ultra S&P500 Stock Performance

ProShares Ultra S&P500 stock opened at $67.51 on Tuesday. The firm has a market cap of $7.80 billion, a PE ratio of 24.25 and a beta of 2.01. The firm’s 50 day moving average price is $59.34 and its two-hundred day moving average price is $58.47. ProShares Ultra S&P500 has a twelve month low of $42.53 and a twelve month high of $68.35.

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