ProShares Ultra S&P500 $SSO Shares Sold by Discipline Wealth Solutions LLC

Discipline Wealth Solutions LLC cut its holdings in ProShares Ultra S&P500 (NYSEARCA:SSO) by 43.3% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,070 shares of the real estate investment trust’s stock after selling 11,515 shares during the period. Discipline Wealth Solutions LLC’s holdings in ProShares Ultra S&P500 were worth $782,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of SSO. Evolution Wealth Management Inc. boosted its stake in shares of ProShares Ultra S&P500 by 100.0% during the fourth quarter. Evolution Wealth Management Inc. now owns 630 shares of the real estate investment trust’s stock valued at $36,000 after acquiring an additional 315 shares during the last quarter. Park Square Financial Group LLC purchased a new stake in ProShares Ultra S&P500 during the third quarter valued at about $47,000. Tucker Asset Management LLC purchased a new stake in shares of ProShares Ultra S&P500 during the 4th quarter worth about $49,000. Corsicana & Co. grew its stake 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 buying an additional 460 shares during the period. Finally, Abound Wealth Management boosted its position in ProShares Ultra S&P500 by 100.0% during the 4th quarter. Abound Wealth Management now owns 1,066 shares of the real estate investment trust’s stock worth $62,000 after purchasing an additional 533 shares during the period.

ProShares Ultra S&P500 Stock Performance

SSO stock opened at $67.20 on Tuesday. ProShares Ultra S&P500 has a 1 year low of $44.99 and a 1 year high of $70.13. The stock has a 50-day simple moving average of $65.20 and a 200-day simple moving average of $60.02. The firm has a market cap of $7.76 billion, a P/E ratio of 24.25 and a beta of 2.01.

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