Legacy Wealth Partners LLC Sells 137,512 Shares of ProShares Ultra S&P500 $SSO

Legacy Wealth Partners LLC cut its stake in shares of ProShares Ultra S&P500 (NYSEARCA:SSO) by 82.4% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 29,370 shares of the real estate investment trust’s stock after selling 137,512 shares during the period. Legacy Wealth Partners LLC’s holdings in ProShares Ultra S&P500 were worth $1,524,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. CPR Investments Inc. boosted its holdings in ProShares Ultra S&P500 by 285.8% during the fourth quarter. CPR Investments Inc. now owns 15,351 shares of the real estate investment trust’s stock worth $891,000 after purchasing an additional 11,372 shares during the last quarter. Berger Financial Group Inc grew its position in ProShares Ultra S&P500 by 98.6% in the 4th quarter. Berger Financial Group Inc now owns 22,730 shares of the real estate investment trust’s stock worth $1,317,000 after purchasing an additional 11,286 shares in the last quarter. Arta Finance Wealth Management LLC purchased a new stake in ProShares Ultra S&P500 in the 4th quarter valued at about $8,491,000. Global View Capital Management LLC lifted its position in shares of ProShares Ultra S&P500 by 329.8% during the 4th quarter. Global View Capital Management LLC now owns 465,496 shares of the real estate investment trust’s stock worth $26,962,000 after buying an additional 357,202 shares in the last quarter. Finally, Marshall Financial Group LLC boosted its stake in shares of ProShares Ultra S&P500 by 64.1% in 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 buying an additional 40,962 shares during the last quarter.

ProShares Ultra S&P500 Stock Down 2.9%

SSO stock opened at $65.28 on Wednesday. The firm has a market cap of $7.54 billion, a PE ratio of 24.25 and a beta of 2.01. The business has a 50 day moving average of $65.37 and a 200-day moving average of $60.07. ProShares Ultra S&P500 has a 12-month low of $46.76 and a 12-month high of $70.13.

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.