Arta Finance Wealth Management LLC raised its stake in ProShares Ultra S&P500 (NYSEARCA:SSO – Free Report) by 26.6% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 185,528 shares of the real estate investment trust’s stock after purchasing an additional 38,926 shares during the period. ProShares Ultra S&P500 accounts for approximately 4.8% of Arta Finance Wealth Management LLC’s investment portfolio, making the stock its 6th biggest position. Arta Finance Wealth Management LLC’s holdings in ProShares Ultra S&P500 were worth $9,625,000 as of its most recent SEC filing.
Several other large investors also recently modified their holdings of the stock. 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 buying an additional 163 shares during the last quarter. Tudor Investment Corp ET AL boosted its holdings 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 buying an additional 200 shares during the period. Harvest Investment Services LLC grew its stake in ProShares Ultra S&P500 by 3.6% in the 3rd quarter. Harvest Investment Services LLC now owns 7,897 shares of the real estate investment trust’s stock valued at $885,000 after buying an additional 271 shares during the last quarter. Bank of America Corp DE grew its stake in ProShares Ultra S&P500 by 1.3% in the 3rd quarter. Bank of America Corp DE now owns 22,583 shares of the real estate investment trust’s stock valued at $2,532,000 after buying an additional 300 shares during the last quarter. Finally, Evolution Wealth Management Inc. grew its stake in ProShares Ultra S&P500 by 100.0% in the 4th quarter. Evolution Wealth Management Inc. now owns 630 shares of the real estate investment trust’s stock valued at $36,000 after buying an additional 315 shares during the last quarter.
ProShares Ultra S&P500 Stock Down 0.3%
ProShares Ultra S&P500 stock opened at $65.06 on Thursday. The company’s 50-day moving average price is $65.52 and its two-hundred day moving average price is $60.12. The stock has a market cap of $7.52 billion, a P/E ratio of 24.25 and a beta of 2.01. ProShares Ultra S&P500 has a twelve month low of $46.98 and a twelve month high of $70.13.
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. Index Committee through a non-mechanical process that factors criteria, such as liquidity, price, market capitalization and financial viability.
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