Galvin Gaustad & Stein LLC Has $580,000 Stock Holdings in ProShares Ultra S&P500 (NYSEARCA:SSO)

Galvin Gaustad & Stein LLC trimmed its position in shares of ProShares Ultra S&P500 (NYSEARCA:SSO) by 9.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 6,270 shares of the real estate investment trust’s stock after selling 630 shares during the quarter. Galvin Gaustad & Stein LLC’s holdings in ProShares Ultra S&P500 were worth $580,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Koshinski Asset Management Inc. lifted its holdings in shares of ProShares Ultra S&P500 by 82.5% in the 4th quarter. Koshinski Asset Management Inc. now owns 37,629 shares of the real estate investment trust’s stock worth $3,481,000 after purchasing an additional 17,011 shares in the last quarter. Client First Investment Management LLC lifted its holdings in shares of ProShares Ultra S&P500 by 15.9% in the 4th quarter. Client First Investment Management LLC now owns 388,008 shares of the real estate investment trust’s stock worth $35,895,000 after purchasing an additional 53,310 shares in the last quarter. Dale Q Rice Investment Management Ltd bought a new position in shares of ProShares Ultra S&P500 in the 4th quarter worth $433,000. Eastern Bank lifted its holdings in shares of ProShares Ultra S&P500 by 117.5% in the 4th quarter. Eastern Bank now owns 1,955 shares of the real estate investment trust’s stock worth $181,000 after purchasing an additional 1,056 shares in the last quarter. Finally, Abound Wealth Management lifted its holdings in shares of ProShares Ultra S&P500 by 46.7% in the 4th quarter. Abound Wealth Management now owns 782 shares of the real estate investment trust’s stock worth $72,000 after purchasing an additional 249 shares in the last quarter.

ProShares Ultra S&P500 Trading Down 0.1 %

Shares of SSO opened at $98.47 on Thursday. The business’s fifty day moving average is $95.73 and its 200 day moving average is $90.01. ProShares Ultra S&P500 has a 12-month low of $66.68 and a 12-month high of $100.12.

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.