7,160 Shares in ProShares Ultra S&P500 $SSO Bought by Tucker Asset Management LLC

Tucker Asset Management LLC bought a new stake in shares of ProShares Ultra S&P500 (NYSEARCA:SSO) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 7,160 shares of the real estate investment trust’s stock, valued at approximately $482,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SSO. World Equity Group Inc. lifted its position in ProShares Ultra S&P500 by 5.8% during the 1st quarter. World Equity Group Inc. now owns 4,712 shares of the real estate investment trust’s stock worth $245,000 after acquiring an additional 258 shares during the period. Harvest Investment Services LLC lifted its stake in shares of 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 purchasing an additional 271 shares during the period. Bank of America Corp DE boosted its holdings in ProShares Ultra S&P500 by 1.3% during the third quarter. Bank of America Corp DE now owns 22,583 shares of the real estate investment trust’s stock worth $2,532,000 after buying an additional 300 shares in the last quarter. Evolution Wealth Management Inc. grew its position in ProShares Ultra S&P500 by 100.0% during the fourth 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 period. Finally, Physician Wealth Advisors Inc. grew its position in ProShares Ultra S&P500 by 10.6% during the first quarter. Physician Wealth Advisors Inc. now owns 3,633 shares of the real estate investment trust’s stock valued at $188,000 after buying an additional 348 shares during the period.

ProShares Ultra S&P500 Stock Performance

SSO opened at $70.80 on Monday. ProShares Ultra S&P500 has a fifty-two week low of $48.63 and a fifty-two week high of $72.80. The company has a fifty day moving average of $68.88 and a two-hundred day moving average of $63.78. The stock has a market capitalization of $8.26 billion, a price-to-earnings 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.