610,680 ProShares Ultra S&P500 $SSO Shares Bought by Howard Capital Management LLC

Howard Capital Management LLC boosted its position in shares of ProShares Ultra S&P500 (NYSEARCA:SSO) by 5.0% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 12,781,294 shares of the real estate investment trust’s stock after buying an additional 610,680 shares during the quarter. ProShares Ultra S&P500 makes up about 9.4% of Howard Capital Management LLC’s holdings, making the stock its 2nd biggest holding. Howard Capital Management LLC owned about 10.02% of ProShares Ultra S&P500 worth $886,127,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. World Equity Group Inc. boosted its position in ProShares Ultra S&P500 by 5.8% during the 1st quarter. World Equity Group Inc. now owns 4,712 shares of the real estate investment trust’s stock valued at $245,000 after buying an additional 258 shares during the period. Physician Wealth Advisors Inc. increased its position in shares of ProShares Ultra S&P500 by 10.6% in the first quarter. Physician Wealth Advisors Inc. now owns 3,633 shares of the real estate investment trust’s stock valued at $188,000 after acquiring an additional 348 shares during the period. EverSource Wealth Advisors LLC increased its position in shares of ProShares Ultra S&P500 by 10.5% in the first quarter. EverSource Wealth Advisors LLC now owns 3,972 shares of the real estate investment trust’s stock valued at $206,000 after acquiring an additional 377 shares during the period. Arkadios Wealth Advisors increased its position in shares of ProShares Ultra S&P500 by 12.3% in the first quarter. Arkadios Wealth Advisors now owns 4,578 shares of the real estate investment trust’s stock valued at $238,000 after acquiring an additional 500 shares during the period. Finally, Koshinski Asset Management Inc. raised its stake in shares of ProShares Ultra S&P500 by 1.2% during the first quarter. Koshinski Asset Management Inc. now owns 45,071 shares of the real estate investment trust’s stock valued at $2,338,000 after acquiring an additional 513 shares during the last quarter.

ProShares Ultra S&P500 Stock Down 2.2%

Shares of ProShares Ultra S&P500 stock traded down $1.57 during trading on Friday, reaching $69.25. 5,179,163 shares of the stock were exchanged, compared to its average volume of 3,897,407. The stock’s fifty day moving average is $70.50 and its 200 day moving average is $66.79. The firm has a market cap of $8.85 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 $48.63 and a 1 year high of $72.80.

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.