HighTower Advisors LLC Increases Stock Holdings in ProShares Ultra S&P500 $SSO

HighTower Advisors LLC lifted its stake in ProShares Ultra S&P500 (NYSEARCA:SSO) by 108.2% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 342,979 shares of the real estate investment trust’s stock after purchasing an additional 178,274 shares during the quarter. HighTower Advisors LLC owned about 0.26% of ProShares Ultra S&P500 worth $19,865,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. First Heartland Consultants Inc. lifted its stake in shares of ProShares Ultra S&P500 by 7.8% during the 3rd quarter. First Heartland Consultants Inc. now owns 2,248 shares of the real estate investment trust’s stock worth $252,000 after acquiring an additional 163 shares during the last quarter. Tudor Investment Corp ET AL lifted its stake in shares of ProShares Ultra S&P500 by 4.6% during the 3rd quarter. Tudor Investment Corp ET AL now owns 4,573 shares of the real estate investment trust’s stock worth $513,000 after acquiring an additional 200 shares during the last quarter. Harvest Investment Services LLC lifted its stake in shares of ProShares Ultra S&P500 by 3.6% during the 3rd quarter. Harvest Investment Services LLC now owns 7,897 shares of the real estate investment trust’s stock worth $885,000 after acquiring an additional 271 shares during the last quarter. Bank of America Corp DE lifted its stake in shares of ProShares Ultra S&P500 by 1.3% during the 3rd quarter. Bank of America Corp DE now owns 22,583 shares of the real estate investment trust’s stock worth $2,532,000 after acquiring an additional 300 shares during the last quarter. Finally, Blair William & Co. IL lifted its stake in shares of ProShares Ultra S&P500 by 4.4% during the 3rd quarter. Blair William & Co. IL now owns 8,878 shares of the real estate investment trust’s stock worth $995,000 after acquiring an additional 371 shares during the last quarter.

ProShares Ultra S&P500 Stock Performance

Shares of SSO stock opened at $67.51 on Friday. ProShares Ultra S&P500 has a 52-week low of $42.53 and a 52-week high of $68.35. The firm has a market capitalization of $7.80 billion, a P/E ratio of 24.25 and a beta of 2.01. The stock has a 50 day moving average price of $59.08 and a 200 day moving average price of $58.40.

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