Marshall Financial Group LLC Grows Position in ProShares Ultra S&P500 $SSO

Marshall Financial Group LLC raised its position in ProShares Ultra S&P500 (NYSEARCA:SSO) by 64.1% during the fourth quarter, HoldingsChannel.com reports. The firm owned 104,822 shares of the real estate investment trust’s stock after purchasing an additional 40,962 shares during the period. ProShares Ultra S&P500 makes up 1.2% of Marshall Financial Group LLC’s portfolio, making the stock its 14th biggest position. Marshall Financial Group LLC’s holdings in ProShares Ultra S&P500 were worth $6,071,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in SSO. Main Street Group LTD boosted its position in shares of ProShares Ultra S&P500 by 3.1% during the third quarter. Main Street Group LTD now owns 598,699 shares of the real estate investment trust’s stock valued at $67,132,000 after buying an additional 17,929 shares during the period. Unique Wealth LLC grew its stake in shares of ProShares Ultra S&P500 by 98.9% during the fourth quarter. Unique Wealth LLC now owns 107,849 shares of the real estate investment trust’s stock valued at $6,247,000 after buying an additional 53,624 shares during the last quarter. TFB Advisors LLC purchased a new stake in shares of ProShares Ultra S&P500 in the third quarter worth approximately $5,834,000. Innova Wealth Partners raised its holdings in shares of ProShares Ultra S&P500 by 105.9% in the fourth quarter. Innova Wealth Partners now owns 58,823 shares of the real estate investment trust’s stock worth $3,407,000 after buying an additional 30,255 shares during the period. Finally, Sovereign Financial Group Inc. lifted its stake in shares of ProShares Ultra S&P500 by 100.0% during the 4th quarter. Sovereign Financial Group Inc. now owns 36,052 shares of the real estate investment trust’s stock worth $2,088,000 after acquiring an additional 18,026 shares during the last quarter.

ProShares Ultra S&P500 Stock Down 2.9%

SSO opened at $51.86 on Monday. The business has a fifty day moving average of $57.76 and a 200 day moving average of $57.19. The stock has a market cap of $6.83 billion, a P/E ratio of 24.25 and a beta of 2.01. ProShares Ultra S&P500 has a 52-week low of $30.42 and a 52-week high of $60.37.

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.