ProShares Ultra S&P500 $SSO Stock Position Increased by TTP Investments Inc.

TTP Investments Inc. lifted its holdings in shares of ProShares Ultra S&P500 (NYSEARCA:SSO) by 15.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,104,915 shares of the real estate investment trust’s stock after buying an additional 151,108 shares during the quarter. ProShares Ultra S&P500 makes up approximately 30.4% of TTP Investments Inc.’s investment portfolio, making the stock its largest position. TTP Investments Inc. owned approximately 0.89% of ProShares Ultra S&P500 worth $76,604,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in SSO. Howard Capital Management LLC grew its stake in ProShares Ultra S&P500 by 5.0% in the 3rd quarter. Howard Capital Management LLC now owns 12,781,294 shares of the real estate investment trust’s stock valued at $886,127,000 after acquiring an additional 610,680 shares during the period. Turner Capital Investments LLC purchased a new position in ProShares Ultra S&P500 during the third quarter valued at $39,489,000. Client First Investment Management LLC lifted its holdings in ProShares Ultra S&P500 by 361.3% during the second quarter. Client First Investment Management LLC now owns 544,551 shares of the real estate investment trust’s stock valued at $36,692,000 after purchasing an additional 426,494 shares in the last quarter. Ridgepath Capital Management LLC lifted its holdings in ProShares Ultra S&P500 by 5.6% during the third quarter. Ridgepath Capital Management LLC now owns 389,771 shares of the real estate investment trust’s stock valued at $27,023,000 after purchasing an additional 20,664 shares in the last quarter. Finally, Toth Financial Advisory Corp acquired a new stake in shares of ProShares Ultra S&P500 in the third quarter valued at about $15,896,000.

ProShares Ultra S&P500 Stock Up 0.6%

Shares of NYSEARCA SSO opened at $67.43 on Wednesday. The company’s 50-day simple moving average is $70.09 and its 200-day simple moving average is $64.54. ProShares Ultra S&P500 has a 52-week low of $48.63 and a 52-week high of $72.80. The firm has a market cap of $8.42 billion, a price-to-earnings ratio of 24.25 and a beta of 2.01.

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