ProShares Ultra S&P500 (NYSEARCA:SSO) Stock Position Boosted by Client First Investment Management LLC

Client First Investment Management LLC increased its position in shares of ProShares Ultra S&P500 (NYSEARCA:SSO) by 15.9% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 388,008 shares of the real estate investment trust’s stock after purchasing an additional 53,310 shares during the quarter. ProShares Ultra S&P500 makes up approximately 23.1% of Client First Investment Management LLC’s investment portfolio, making the stock its 2nd largest position. Client First Investment Management LLC’s holdings in ProShares Ultra S&P500 were worth $35,895,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the company. BNP Paribas Financial Markets purchased a new position in ProShares Ultra S&P500 in the 3rd quarter worth approximately $48,000. Creative Planning increased its holdings in shares of ProShares Ultra S&P500 by 6.7% in the third quarter. Creative Planning now owns 33,321 shares of the real estate investment trust’s stock valued at $3,005,000 after purchasing an additional 2,080 shares during the last quarter. International Assets Investment Management LLC lifted its position in ProShares Ultra S&P500 by 8,917.0% during the third quarter. International Assets Investment Management LLC now owns 9,017 shares of the real estate investment trust’s stock worth $813,000 after buying an additional 8,917 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake in ProShares Ultra S&P500 by 9.2% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 9,538 shares of the real estate investment trust’s stock worth $860,000 after buying an additional 800 shares during the last quarter. Finally, Sanctuary Advisors LLC purchased a new stake in ProShares Ultra S&P500 in the 2nd quarter valued at $691,000.

ProShares Ultra S&P500 Stock Up 1.9 %

Shares of SSO opened at $95.78 on Friday. The stock has a fifty day simple moving average of $95.70 and a two-hundred day simple moving average of $89.76. ProShares Ultra S&P500 has a 52-week low of $63.99 and a 52-week high of $100.12.

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.