CPR Investments Inc. Increases Stock Position in ProShares Ultra S&P500 $SSO

CPR Investments Inc. increased its holdings in ProShares Ultra S&P500 (NYSEARCA:SSO) by 285.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 15,351 shares of the real estate investment trust’s stock after acquiring an additional 11,372 shares during the quarter. ProShares Ultra S&P500 makes up about 0.5% of CPR Investments Inc.’s holdings, making the stock its 27th biggest position. CPR Investments Inc.’s holdings in ProShares Ultra S&P500 were worth $891,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of SSO. Marshall Financial Group LLC grew its position in ProShares Ultra S&P500 by 64.1% during the 4th quarter. Marshall Financial Group LLC now owns 104,822 shares of the real estate investment trust’s stock worth $6,071,000 after purchasing an additional 40,962 shares during the last quarter. Evolution Wealth Advisors LLC raised its holdings in shares of ProShares Ultra S&P500 by 100.5% in the fourth quarter. Evolution Wealth Advisors LLC now owns 23,126 shares of the real estate investment trust’s stock valued at $1,339,000 after buying an additional 11,594 shares during the last quarter. Main Street Group LTD boosted its stake in shares of ProShares Ultra S&P500 by 3.1% during the third quarter. Main Street Group LTD now owns 598,699 shares of the real estate investment trust’s stock worth $67,132,000 after buying an additional 17,929 shares during the period. PMV Capital Advisers LLC boosted its stake in shares of ProShares Ultra S&P500 by 155.0% during the fourth quarter. PMV Capital Advisers LLC now owns 41,877 shares of the real estate investment trust’s stock worth $2,426,000 after buying an additional 25,454 shares during the period. Finally, Unique Wealth LLC grew its holdings in shares of ProShares Ultra S&P500 by 98.9% during the fourth quarter. Unique Wealth LLC now owns 107,849 shares of the real estate investment trust’s stock worth $6,247,000 after buying an additional 53,624 shares during the last quarter.

ProShares Ultra S&P500 Stock Down 3.5%

Shares of SSO stock opened at $49.38 on Friday. The stock has a market capitalization of $6.50 billion, a PE ratio of 24.25 and a beta of 2.01. ProShares Ultra S&P500 has a 52-week low of $30.42 and a 52-week high of $60.37. The stock’s 50-day moving average price is $56.98 and its 200 day moving average price is $57.11.

ProShares Ultra S&P500 Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Wednesday, March 25th will be paid a $0.1138 dividend. This represents a $0.46 annualized dividend and a dividend yield of 0.9%. The ex-dividend date is Wednesday, March 25th.

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.