ProShares Ultra S&P500 $SSO Shares Acquired by Main Street Group LTD

Main Street Group LTD raised its position in ProShares Ultra S&P500 (NYSEARCA:SSO) by 3.1% in the 3rd quarter, Holdings Channel reports. The firm owned 598,699 shares of the real estate investment trust’s stock after buying an additional 17,929 shares during the period. ProShares Ultra S&P500 accounts for approximately 19.7% of Main Street Group LTD’s investment portfolio, making the stock its 2nd biggest holding. Main Street Group LTD’s holdings in ProShares Ultra S&P500 were worth $67,132,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Robinson Value Management Ltd. bought a new stake in shares of ProShares Ultra S&P500 in the second quarter valued at about $23,073,000. Atria Wealth Solutions Inc. lifted its stake in ProShares Ultra S&P500 by 73.9% in the 2nd quarter. Atria Wealth Solutions Inc. now owns 9,828 shares of the real estate investment trust’s stock valued at $962,000 after acquiring an additional 4,176 shares in the last quarter. Howard Capital Management Inc. acquired a new position in ProShares Ultra S&P500 during the 2nd quarter worth approximately $681,531,000. Strategic Blueprint LLC grew its stake in shares of ProShares Ultra S&P500 by 59.3% during the 2nd quarter. Strategic Blueprint LLC now owns 15,781 shares of the real estate investment trust’s stock worth $1,542,000 after acquiring an additional 5,875 shares in the last quarter. Finally, Stephens Inc. AR acquired a new stake in shares of ProShares Ultra S&P500 in the second quarter valued at approximately $210,000.

ProShares Ultra S&P500 Stock Performance

Shares of NYSEARCA SSO opened at $57.37 on Friday. The stock has a 50 day moving average price of $58.74 and a 200 day moving average price of $56.33. ProShares Ultra S&P500 has a 52 week low of $30.42 and a 52 week high of $60.37. The stock has a market capitalization of $7.55 billion, a PE ratio of 24.25 and a beta of 2.01.

About ProShares Ultra S&P500

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.