FSA Wealth Partners Inc. Has $1.48 Million Stake in ProShares Ultra S&P500 $SSO

FSA Wealth Partners Inc. raised its holdings in ProShares Ultra S&P500 (NYSEARCA:SSO) by 95.4% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 25,606 shares of the real estate investment trust’s stock after purchasing an additional 12,499 shares during the period. FSA Wealth Partners Inc.’s holdings in ProShares Ultra S&P500 were worth $1,483,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. Howard Capital Management Inc. raised its position in shares of ProShares Ultra S&P500 by 100.0% in the fourth 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 buying an additional 6,887,760 shares in the last quarter. Assetmark Inc. boosted its stake in shares of ProShares Ultra S&P500 by 110,080.6% in the third quarter. Assetmark Inc. now owns 6,635,078 shares of the real estate investment trust’s stock valued at $743,991,000 after buying an additional 6,629,056 shares during the period. Main Street Group LTD grew its position in ProShares Ultra S&P500 by 101.6% during the fourth quarter. Main Street Group LTD now owns 1,207,033 shares of the real estate investment trust’s stock worth $69,911,000 after buying an additional 608,334 shares in the last quarter. TTP Investments Inc. grew 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 buying an additional 207,045 shares in the last quarter. Finally, Goldman Sachs Group Inc. bought a new position in ProShares Ultra S&P500 during the 1st quarter worth $41,524,000.

ProShares Ultra S&P500 Price Performance

Shares of NYSEARCA SSO opened at $61.80 on Wednesday. The stock has a market capitalization of $7.22 billion, a PE ratio of 24.25 and a beta of 2.00. The business has a fifty day moving average price of $56.44 and a two-hundred day moving average price of $57.41. ProShares Ultra S&P500 has a fifty-two week low of $37.85 and a fifty-two week high of $62.49.

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.