ProShares Ultra S&P500 (NYSEARCA:SSO) Holdings Boosted by Abound Wealth Management

Abound Wealth Management lifted its stake in shares of ProShares Ultra S&P500 (NYSEARCA:SSO) by 46.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 782 shares of the real estate investment trust’s stock after purchasing an additional 249 shares during the quarter. Abound Wealth Management’s holdings in ProShares Ultra S&P500 were worth $72,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also made changes to their positions in the company. Wealth Enhancement Advisory Services LLC lifted its stake in ProShares Ultra S&P500 by 9.2% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 9,538 shares of the real estate investment trust’s stock valued at $860,000 after buying an additional 800 shares during the last quarter. Innova Wealth Partners acquired a new stake in shares of ProShares Ultra S&P500 in the 4th quarter worth about $2,442,000. Silverleafe Capital Partners LLC lifted its position in ProShares Ultra S&P500 by 44.7% in the 4th quarter. Silverleafe Capital Partners LLC now owns 4,097 shares of the real estate investment trust’s stock valued at $379,000 after purchasing an additional 1,266 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in ProShares Ultra S&P500 by 21.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 36,272 shares of the real estate investment trust’s stock valued at $3,271,000 after purchasing an additional 6,406 shares during the period. Finally, Tidal Investments LLC bought a new position in ProShares Ultra S&P500 in the 3rd quarter worth about $1,137,000.

ProShares Ultra S&P500 Stock Performance

Shares of SSO traded down $0.12 during mid-day trading on Monday, reaching $90.44. 1,661,563 shares of the company’s stock traded hands, compared to its average volume of 2,591,436. The business’s 50-day moving average price is $95.72 and its 200-day moving average price is $89.45. ProShares Ultra S&P500 has a 12 month low of $63.33 and a 12 month high of $100.12.

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.