Ridgepath Capital Management LLC Purchases 14,667 Shares of ProShares Ultra S&P500 $SSO

Ridgepath Capital Management LLC raised its position in ProShares Ultra S&P500 (NYSEARCA:SSO) by 4.1% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 370,104 shares of the real estate investment trust’s stock after buying an additional 14,667 shares during the period. ProShares Ultra S&P500 comprises 9.5% of Ridgepath Capital Management LLC’s investment portfolio, making the stock its 2nd biggest position. Ridgepath Capital Management LLC’s holdings in ProShares Ultra S&P500 were worth $19,201,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of SSO. Howard Capital Management Inc. grew its position in shares of ProShares Ultra S&P500 by 100.0% during the 4th quarter. Howard Capital Management Inc. now owns 13,775,520 shares of the real estate investment trust’s stock valued at $797,878,000 after acquiring an additional 6,887,760 shares during the period. Main Street Group LTD raised its holdings in ProShares Ultra S&P500 by 101.6% in the 4th quarter. Main Street Group LTD now owns 1,207,033 shares of the real estate investment trust’s stock worth $69,911,000 after purchasing an additional 608,334 shares during the period. Pinkerton Wealth LLC raised its holdings in ProShares Ultra S&P500 by 118.6% in the 4th quarter. Pinkerton Wealth LLC now owns 677,536 shares of the real estate investment trust’s stock worth $39,243,000 after purchasing an additional 367,655 shares during the period. TTP Investments Inc. boosted its position in ProShares Ultra S&P500 by 50.3% during the fourth quarter. TTP Investments Inc. now owns 618,759 shares of the real estate investment trust’s stock worth $35,839,000 after purchasing an additional 207,045 shares in the last quarter. Finally, Client First Investment Management LLC grew its holdings in ProShares Ultra S&P500 by 493.5% in the fourth quarter. Client First Investment Management LLC now owns 540,061 shares of the real estate investment trust’s stock valued at $31,280,000 after purchasing an additional 449,066 shares during the period.

ProShares Ultra S&P500 Price Performance

ProShares Ultra S&P500 stock opened at $66.33 on Tuesday. The stock has a market capitalization of $7.90 billion, a PE ratio of 24.25 and a beta of 2.01. ProShares Ultra S&P500 has a 12 month low of $48.63 and a 12 month high of $70.13. The business has a 50 day simple moving average of $67.22 and a 200-day simple moving average of $61.23.

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.