119,078 Shares of ProShares Ultra S&P500 $SSO Bought by Lido Advisors LLC

Lido Advisors LLC acquired a new stake in ProShares Ultra S&P500 (NYSEARCA:SSO) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 119,078 shares of the real estate investment trust’s stock, valued at approximately $8,256,000. Lido Advisors LLC owned 0.10% of ProShares Ultra S&P500 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of SSO. Blue Bell Private Wealth Management LLC acquired a new stake in ProShares Ultra S&P500 during the third quarter worth about $27,000. Root Financial Partners LLC purchased a new position in ProShares Ultra S&P500 during the third quarter valued at approximately $30,000. Western Wealth Management LLC purchased a new position in ProShares Ultra S&P500 during the first quarter valued at approximately $37,000. AlphaCore Capital LLC acquired a new position in ProShares Ultra S&P500 in the third quarter valued at approximately $55,000. Finally, SBI Securities Co. Ltd. lifted its holdings in ProShares Ultra S&P500 by 217.0% in the third quarter. SBI Securities Co. Ltd. now owns 932 shares of the real estate investment trust’s stock valued at $65,000 after acquiring an additional 638 shares during the period.

ProShares Ultra S&P500 Trading Down 0.7%

ProShares Ultra S&P500 stock opened at $67.61 on Friday. ProShares Ultra S&P500 has a 12 month low of $48.63 and a 12 month high of $72.80. The stock’s 50 day simple moving average is $69.57 and its two-hundred day simple moving average is $64.81. The firm has a market cap of $7.15 billion, a PE 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.