Koshinski Asset Management Inc. Raises Stock Holdings in ProShares Ultra S&P500 (NYSEARCA:SSO)

Koshinski Asset Management Inc. grew its stake in shares of ProShares Ultra S&P500 (NYSEARCA:SSO) by 82.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 37,629 shares of the real estate investment trust’s stock after buying an additional 17,011 shares during the period. Koshinski Asset Management Inc. owned 0.07% of ProShares Ultra S&P500 worth $3,481,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. Client First Investment Management LLC raised its stake in ProShares Ultra S&P500 by 15.9% during 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 acquiring an additional 53,310 shares during the period. Axxcess Wealth Management LLC increased its stake in shares of ProShares Ultra S&P500 by 0.3% in the third quarter. Axxcess Wealth Management LLC now owns 317,197 shares of the real estate investment trust’s stock worth $28,602,000 after purchasing an additional 863 shares in the last quarter. Ridgepath Capital Management LLC raised its position in shares of ProShares Ultra S&P500 by 3.1% during the 3rd quarter. Ridgepath Capital Management LLC now owns 312,827 shares of the real estate investment trust’s stock valued at $28,208,000 after purchasing an additional 9,316 shares during the period. Ascent Group LLC lifted its stake in shares of ProShares Ultra S&P500 by 7.7% during the 2nd quarter. Ascent Group LLC now owns 83,610 shares of the real estate investment trust’s stock valued at $6,906,000 after buying an additional 5,972 shares in the last quarter. Finally, Ashton Thomas Private Wealth LLC boosted its holdings in ProShares Ultra S&P500 by 4,542.9% in the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 59,754 shares of the real estate investment trust’s stock worth $5,388,000 after buying an additional 58,467 shares during the period.

ProShares Ultra S&P500 Trading Up 1.9 %

Shares of SSO stock opened at $95.78 on Tuesday. The stock has a fifty day simple moving average of $95.67 and a two-hundred day simple moving average of $89.87. 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.