TTP Investments Inc. Sells 193,291 Shares of ProShares Ultra S&P500 (NYSEARCA:SSO)

TTP Investments Inc. trimmed its position in ProShares Ultra S&P500 (NYSEARCA:SSO) by 37.6% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 320,290 shares of the real estate investment trust’s stock after selling 193,291 shares during the quarter. ProShares Ultra S&P500 accounts for 11.2% of TTP Investments Inc.’s holdings, making the stock its 3rd largest holding. TTP Investments Inc. owned 0.53% of ProShares Ultra S&P500 worth $26,514,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in SSO. Rollins Financial Advisors LLC lifted its holdings in shares of ProShares Ultra S&P500 by 1.0% in the fourth quarter. Rollins Financial Advisors LLC now owns 12,048 shares of the real estate investment trust’s stock worth $1,115,000 after acquiring an additional 115 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its position in ProShares Ultra S&P500 by 1.7% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 8,888 shares of the real estate investment trust’s stock worth $822,000 after purchasing an additional 150 shares in the last quarter. Mariner LLC lifted its stake in ProShares Ultra S&P500 by 1.1% in the 4th quarter. Mariner LLC now owns 15,172 shares of the real estate investment trust’s stock valued at $1,404,000 after purchasing an additional 161 shares during the last quarter. CoreCap Advisors LLC lifted its stake in ProShares Ultra S&P500 by 2.7% in the 4th quarter. CoreCap Advisors LLC now owns 9,193 shares of the real estate investment trust’s stock valued at $850,000 after purchasing an additional 239 shares during the last quarter. Finally, Sequoia Financial Advisors LLC boosted its position in ProShares Ultra S&P500 by 3.0% in the fourth quarter. Sequoia Financial Advisors LLC now owns 8,378 shares of the real estate investment trust’s stock valued at $775,000 after buying an additional 241 shares in the last quarter.

ProShares Ultra S&P500 Stock Performance

NYSEARCA SSO opened at $91.22 on Thursday. The firm’s fifty day moving average price is $84.24 and its two-hundred day moving average price is $89.14. The stock has a market cap of $5.71 billion, a PE ratio of 24.25 and a beta of 2.02. ProShares Ultra S&P500 has a fifty-two week low of $60.84 and a fifty-two week high of $100.29.

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.