ProShares Ultra S&P500 $SSO Shares Acquired by Avidian Wealth Enterprises LLC

Avidian Wealth Enterprises LLC lifted its stake in shares of ProShares Ultra S&P500 (NYSEARCA:SSO) by 100.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 19,020 shares of the real estate investment trust’s stock after acquiring an additional 9,512 shares during the period. Avidian Wealth Enterprises LLC’s holdings in ProShares Ultra S&P500 were worth $1,102,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Global Retirement Partners LLC acquired a new stake in shares of ProShares Ultra S&P500 during the third quarter valued at $37,000. Park Square Financial Group LLC purchased a new position in ProShares Ultra S&P500 during the third quarter worth about $47,000. Winnow Wealth LLC purchased a new position in ProShares Ultra S&P500 during the third quarter worth about $69,000. Sunbelt Securities Inc. lifted its position 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 buying an additional 426 shares during the period. Finally, Financial Life Planners purchased a new position in ProShares Ultra S&P500 during the third quarter worth about $82,000.

ProShares Ultra S&P500 Trading Down 0.7%

NYSEARCA SSO opened at $62.86 on Tuesday. The business’s 50-day moving average price is $56.61 and its 200 day moving average price is $57.51. ProShares Ultra S&P500 has a twelve month low of $39.89 and a twelve month high of $64.06. The company has a market capitalization of $7.26 billion, a PE ratio of 24.25 and a beta of 2.01.

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.