ProShares Ultra S&P500 $SSO Position Boosted by Valeo Financial Advisors LLC

Valeo Financial Advisors LLC grew its holdings in shares of ProShares Ultra S&P500 (NYSEARCA:SSO) by 100.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 40,036 shares of the real estate investment trust’s stock after purchasing an additional 20,018 shares during the period. Valeo Financial Advisors LLC’s holdings in ProShares Ultra S&P500 were worth $2,319,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in the business. First Heartland Consultants Inc. boosted its position in shares of ProShares Ultra S&P500 by 7.8% during the 3rd quarter. First Heartland Consultants Inc. now owns 2,248 shares of the real estate investment trust’s stock valued at $252,000 after purchasing an additional 163 shares in the last quarter. Tudor Investment Corp ET AL boosted its position in shares of ProShares Ultra S&P500 by 4.6% during the 3rd quarter. Tudor Investment Corp ET AL now owns 4,573 shares of the real estate investment trust’s stock valued at $513,000 after purchasing an additional 200 shares in the last quarter. Harvest Investment Services LLC boosted its position in shares of ProShares Ultra S&P500 by 3.6% during the 3rd quarter. Harvest Investment Services LLC now owns 7,897 shares of the real estate investment trust’s stock valued at $885,000 after purchasing an additional 271 shares in the last quarter. Bank of America Corp DE lifted its stake in ProShares Ultra S&P500 by 1.3% during the third quarter. Bank of America Corp DE now owns 22,583 shares of the real estate investment trust’s stock valued at $2,532,000 after buying an additional 300 shares in the last quarter. Finally, Global Retirement Partners LLC purchased a new stake in ProShares Ultra S&P500 during the third quarter valued at about $37,000.

ProShares Ultra S&P500 Stock Performance

Shares of SSO opened at $66.51 on Tuesday. The firm has a market cap of $7.69 billion, a PE ratio of 24.25 and a beta of 2.01. The firm’s 50 day moving average price is $57.32 and its 200 day moving average price is $57.85. ProShares Ultra S&P500 has a twelve month low of $42.53 and a twelve month high of $66.80.

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. Index Committee through a non-mechanical process that factors criteria, such as liquidity, price, market capitalization and financial viability.