ProShares Ultra S&P500 $SSO Position Raised by Founders Financial Securities LLC

Founders Financial Securities LLC grew its holdings in shares of ProShares Ultra S&P500 (NYSEARCA:SSO) by 100.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 16,155 shares of the real estate investment trust’s stock after purchasing an additional 8,086 shares during the period. Founders Financial Securities LLC’s holdings in ProShares Ultra S&P500 were worth $936,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Park Square Financial Group LLC acquired a new position in shares of ProShares Ultra S&P500 during the third quarter valued at $47,000. Sunbelt Securities Inc. grew its holdings in ProShares Ultra S&P500 by 153.2% during the third quarter. Sunbelt Securities Inc. now owns 704 shares of the real estate investment trust’s stock worth $79,000 after acquiring an additional 426 shares during the period. Financial Life Planners acquired a new position in ProShares Ultra S&P500 during the third quarter worth about $82,000. Tucker Asset Management LLC acquired a new position in ProShares Ultra S&P500 during the fourth quarter worth about $49,000. Finally, Corsicana & Co. grew its holdings in ProShares Ultra S&P500 by 100.0% during the fourth quarter. Corsicana & Co. now owns 920 shares of the real estate investment trust’s stock worth $53,000 after acquiring an additional 460 shares during the period.

ProShares Ultra S&P500 Stock Up 0.5%

NYSEARCA:SSO opened at $69.78 on Tuesday. The business’s 50-day moving average price is $60.82 and its 200 day moving average price is $58.88. The firm has a market cap of $8.06 billion, a P/E ratio of 24.25 and a beta of 2.01. ProShares Ultra S&P500 has a 52-week low of $43.88 and a 52-week high of $70.12.

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