242,475 Shares of ProShares Ultra S&P500 $SSO Purchased by NBZ Investment Advisors LLC

NBZ Investment Advisors LLC bought a new position in shares of ProShares Ultra S&P500 (NYSEARCA:SSO) in the 3rd quarter, Holdings Channel.com reports. The firm bought 242,475 shares of the real estate investment trust’s stock, valued at approximately $16,811,000. ProShares Ultra S&P500 accounts for approximately 6.5% of NBZ Investment Advisors LLC’s portfolio, making the stock its 4th largest holding.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Howard Capital Management LLC lifted its holdings 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 worth $886,127,000 after purchasing an additional 610,680 shares in the last quarter. TTP Investments Inc. boosted its stake in ProShares Ultra S&P500 by 15.8% in the 3rd quarter. TTP Investments Inc. now owns 1,104,915 shares of the real estate investment trust’s stock worth $76,604,000 after purchasing an additional 151,108 shares during the period. Turner Capital Investments LLC bought a new position in ProShares Ultra S&P500 in the 3rd quarter worth approximately $39,489,000. Client First Investment Management LLC boosted its stake in ProShares Ultra S&P500 by 361.3% in the 2nd quarter. Client First Investment Management LLC now owns 544,551 shares of the real estate investment trust’s stock worth $36,692,000 after purchasing an additional 426,494 shares during the period. Finally, Ridgepath Capital Management LLC grew its holdings in ProShares Ultra S&P500 by 5.6% during the 3rd quarter. Ridgepath Capital Management LLC now owns 389,771 shares of the real estate investment trust’s stock valued at $27,023,000 after buying an additional 20,664 shares in the last quarter.

ProShares Ultra S&P500 Price Performance

Shares of SSO opened at $69.62 on Thursday. ProShares Ultra S&P500 has a 1 year low of $48.63 and a 1 year high of $72.80. The company has a 50 day simple moving average of $70.08 and a two-hundred day simple moving average of $64.59. The firm has a market cap of $8.70 billion, a P/E ratio of 24.25 and a beta of 2.01.

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.