Spire Wealth Management Has $5.04 Million Holdings in ProShares Ultra S&P500 (NYSEARCA:SSO)

Spire Wealth Management lifted its stake in shares of ProShares Ultra S&P500 (NYSEARCA:SSO) by 1.9% during the fourth quarter, Holdings Channel.com reports. The firm owned 75,620 shares of the real estate investment trust’s stock after buying an additional 1,401 shares during the period. Spire Wealth Management’s holdings in ProShares Ultra S&P500 were worth $5,043,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. TTP Investments Inc. increased its stake in shares of ProShares Ultra S&P500 by 88.5% in the 4th quarter. TTP Investments Inc. now owns 822,924 shares of the real estate investment trust’s stock valued at $53,548,000 after acquiring an additional 386,287 shares during the last quarter. Brookstone Capital Management raised its holdings in ProShares Ultra S&P500 by 10.4% in the fourth quarter. Brookstone Capital Management now owns 278,670 shares of the real estate investment trust’s stock worth $18,133,000 after purchasing an additional 26,196 shares during the period. Financial & Tax Architects LLC bought a new position in shares of ProShares Ultra S&P500 during the fourth quarter worth $13,960,000. Unique Wealth LLC grew its holdings in shares of ProShares Ultra S&P500 by 8.2% in the 4th quarter. Unique Wealth LLC now owns 166,457 shares of the real estate investment trust’s stock valued at $10,831,000 after buying an additional 12,563 shares during the period. Finally, Toth Financial Advisory Corp increased its position in shares of ProShares Ultra S&P500 by 1.2% in the 4th quarter. Toth Financial Advisory Corp now owns 166,287 shares of the real estate investment trust’s stock valued at $10,820,000 after buying an additional 2,044 shares in the last quarter.

ProShares Ultra S&P500 Price Performance

NYSEARCA SSO traded up $1.47 during trading hours on Monday, reaching $74.93. 2,028,621 shares of the company’s stock were exchanged, compared to its average volume of 3,772,289. The company’s 50-day moving average is $74.14 and its two-hundred day moving average is $66.66. ProShares Ultra S&P500 has a one year low of $48.59 and a one year high of $77.96.

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.