Unique Wealth LLC Sells 18,613 Shares of ProShares Ultra S&P500 $SSO

Unique Wealth LLC lowered its stake in shares of ProShares Ultra S&P500 (NYSEARCA:SSO) by 17.3% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 89,236 shares of the real estate investment trust’s stock after selling 18,613 shares during the quarter. Unique Wealth LLC owned 0.08% of ProShares Ultra S&P500 worth $4,630,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in SSO. Howard Capital Management Inc. raised its position in ProShares Ultra S&P500 by 100.0% during the fourth quarter. Howard Capital Management Inc. now owns 13,775,520 shares of the real estate investment trust’s stock valued at $797,878,000 after purchasing an additional 6,887,760 shares in the last quarter. Main Street Group LTD boosted its holdings in shares of ProShares Ultra S&P500 by 101.6% in the 4th quarter. Main Street Group LTD now owns 1,207,033 shares of the real estate investment trust’s stock worth $69,911,000 after purchasing an additional 608,334 shares in the last quarter. Goldman Sachs Group Inc. purchased a new position in shares of ProShares Ultra S&P500 in the 1st quarter worth about $41,524,000. Client First Investment Management LLC increased its position in shares of ProShares Ultra S&P500 by 493.5% during the 4th quarter. Client First Investment Management LLC now owns 540,061 shares of the real estate investment trust’s stock valued at $31,280,000 after purchasing an additional 449,066 shares during the last quarter. Finally, Pinkerton Wealth LLC increased its position in shares of ProShares Ultra S&P500 by 118.6% during the 4th quarter. Pinkerton Wealth LLC now owns 677,536 shares of the real estate investment trust’s stock valued at $39,243,000 after purchasing an additional 367,655 shares during the last quarter.

ProShares Ultra S&P500 Trading Down 0.0%

Shares of NYSEARCA SSO opened at $65.05 on Friday. The stock has a market cap of $7.52 billion, a price-to-earnings ratio of 24.25 and a beta of 2.01. ProShares Ultra S&P500 has a 1-year low of $47.41 and a 1-year high of $70.13. The stock’s 50-day moving average is $65.64 and its 200 day moving average is $60.16.

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.