MGO One Seven LLC Raises Stock Position in ProShares Ultra S&P500 $SSO

MGO One Seven LLC increased its stake in ProShares Ultra S&P500 (NYSEARCA:SSO) by 117.8% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 25,546 shares of the real estate investment trust’s stock after purchasing an additional 13,818 shares during the period. MGO One Seven LLC’s holdings in ProShares Ultra S&P500 were worth $1,480,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently bought and sold shares of the company. Global Retirement Partners LLC purchased a new stake in ProShares Ultra S&P500 during the 3rd quarter worth approximately $37,000. Park Square Financial Group LLC purchased a new stake in ProShares Ultra S&P500 during the 3rd quarter worth approximately $47,000. Winnow Wealth LLC purchased a new stake in ProShares Ultra S&P500 during the 3rd quarter worth approximately $69,000. Sunbelt Securities Inc. grew its position in ProShares Ultra S&P500 by 153.2% during the 3rd quarter. Sunbelt Securities Inc. now owns 704 shares of the real estate investment trust’s stock worth $79,000 after purchasing an additional 426 shares during the last quarter. Finally, Financial Life Planners purchased a new stake in ProShares Ultra S&P500 during the 3rd quarter worth approximately $82,000.

ProShares Ultra S&P500 Trading Up 0.4%

NYSEARCA:SSO opened at $66.51 on Tuesday. The company has a market cap of $7.69 billion, a PE ratio of 24.25 and a beta of 2.01. ProShares Ultra S&P500 has a twelve month low of $42.53 and a twelve month high of $66.80. The company’s 50 day moving average is $57.32 and its two-hundred day moving average is $57.85.

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.