Unique Wealth LLC Has $6.21 Million Stake in ProShares Ultra S&P500 (NYSEARCA:SSO)

Unique Wealth LLC decreased its position in ProShares Ultra S&P500 (NYSEARCA:SSO) by 41.1% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 75,050 shares of the real estate investment trust’s stock after selling 52,276 shares during the period. ProShares Ultra S&P500 makes up 1.2% of Unique Wealth LLC’s holdings, making the stock its 20th biggest holding. Unique Wealth LLC’s holdings in ProShares Ultra S&P500 were worth $6,213,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Compass Planning Associates Inc acquired a new position in ProShares Ultra S&P500 in the fourth quarter valued at $56,000. Johnson Financial Group Inc. raised its holdings in shares of ProShares Ultra S&P500 by 92.1% during the fourth quarter. Johnson Financial Group Inc. now owns 680 shares of the real estate investment trust’s stock valued at $66,000 after purchasing an additional 326 shares during the period. Physician Wealth Advisors Inc. acquired a new position in shares of ProShares Ultra S&P500 during the fourth quarter valued at about $123,000. Signaturefd LLC acquired a new position in shares of ProShares Ultra S&P500 during the fourth quarter valued at about $248,000. Finally, EverSource Wealth Advisors LLC raised its holdings in shares of ProShares Ultra S&P500 by 288.6% during the fourth quarter. EverSource Wealth Advisors LLC now owns 2,825 shares of the real estate investment trust’s stock valued at $261,000 after purchasing an additional 2,098 shares during the period.

ProShares Ultra S&P500 Trading Down 1.0%

Shares of NYSEARCA SSO opened at $90.06 on Friday. The firm’s 50-day moving average price is $80.88 and its 200-day moving average price is $89.39. ProShares Ultra S&P500 has a 1-year low of $60.84 and a 1-year high of $100.29. The firm has a market capitalization of $5.64 billion, a P/E ratio of 24.25 and a beta of 2.02.

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.