Professional Financial Advisors LLC Has $8.21 Million Stock Holdings in ProShares Ultra S&P500 (NYSEARCA:SSO)

Professional Financial Advisors LLC trimmed its position in ProShares Ultra S&P500 (NYSEARCA:SSO) by 2.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 126,180 shares of the real estate investment trust’s stock after selling 3,789 shares during the quarter. ProShares Ultra S&P500 accounts for 2.7% of Professional Financial Advisors LLC’s holdings, making the stock its 5th biggest holding. Professional Financial Advisors LLC’s holdings in ProShares Ultra S&P500 were worth $8,211,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of SSO. Bank of America Corp DE boosted its stake in shares of ProShares Ultra S&P500 by 158.7% in the 1st quarter. Bank of America Corp DE now owns 388 shares of the real estate investment trust’s stock worth $25,000 after buying an additional 238 shares during the last quarter. Resurgent Financial Advisors LLC purchased a new position in ProShares Ultra S&P500 in the 2nd quarter valued at approximately $27,000. Stonebridge Capital Advisors LLC raised its stake in ProShares Ultra S&P500 by 100.0% during the 1st quarter. Stonebridge Capital Advisors LLC now owns 500 shares of the real estate investment trust’s stock worth $33,000 after acquiring an additional 250 shares in the last quarter. Coppell Advisory Solutions Corp. purchased a new position in ProShares Ultra S&P500 during the fourth quarter worth about $43,000. Finally, Bank of Montreal Can acquired a new position in ProShares Ultra S&P500 during the second quarter worth about $44,000.

ProShares Ultra S&P500 Stock Up 0.1 %

NYSEARCA SSO traded up $0.09 during mid-day trading on Thursday, reaching $77.67. 614,260 shares of the stock were exchanged, compared to its average volume of 3,429,515. ProShares Ultra S&P500 has a 1-year low of $47.67 and a 1-year high of $77.94. The business’s fifty day simple moving average is $72.04 and its 200 day simple moving average is $63.11.

ProShares Ultra S&P500 Company 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.