FSA Wealth Partners Inc. purchased a new stake in shares of ProShares Ultra S&P500 (NYSEARCA:SSO – Free Report) in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 14,255 shares of the real estate investment trust’s stock, valued at approximately $1,393,000. ProShares Ultra S&P500 comprises approximately 0.7% of FSA Wealth Partners Inc.’s investment portfolio, making the stock its 25th largest holding.
Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Keystone Global Partners LLC purchased a new position in shares of ProShares Ultra S&P500 during the 1st quarter worth approximately $28,000. Strategic Investment Solutions Inc. IL purchased a new position in shares of ProShares Ultra S&P500 during the 1st quarter worth approximately $159,000. Crossingbridge Advisors LLC purchased a new position in shares of ProShares Ultra S&P500 during the 1st quarter worth approximately $166,000. Oliver Lagore Vanvalin Investment Group purchased a new position in shares of ProShares Ultra S&P500 during the 2nd quarter worth approximately $200,000. Finally, Cadent Capital Advisors LLC purchased a new position in shares of ProShares Ultra S&P500 during the 2nd quarter worth approximately $215,000.
ProShares Ultra S&P500 Stock Performance
SSO stock opened at $113.12 on Friday. ProShares Ultra S&P500 has a fifty-two week low of $60.84 and a fifty-two week high of $113.59. The business’s 50 day moving average price is $106.26 and its two-hundred day moving average price is $93.70. The company has a market capitalization of $7.72 billion, a price-to-earnings ratio of 24.25 and a beta of 2.03.
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.
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