Capital Investment Advisory Services LLC Acquires 361 Shares of ProShares Ultra S&P500 (NYSEARCA:SSO)

Capital Investment Advisory Services LLC lifted its holdings in ProShares Ultra S&P500 (NYSEARCA:SSO) by 3.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 9,782 shares of the real estate investment trust’s stock after acquiring an additional 361 shares during the period. Capital Investment Advisory Services LLC’s holdings in ProShares Ultra S&P500 were worth $905,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the business. Fortitude Family Office LLC bought a new position in ProShares Ultra S&P500 during the third quarter valued at approximately $42,000. BNP Paribas Financial Markets bought a new position in ProShares Ultra S&P500 during the third quarter valued at approximately $48,000. Northwestern Mutual Wealth Management Co. purchased a new stake in ProShares Ultra S&P500 during the second quarter valued at approximately $58,000. Abound Wealth Management raised its position in ProShares Ultra S&P500 by 46.7% during the fourth quarter. Abound Wealth Management now owns 782 shares of the real estate investment trust’s stock valued at $72,000 after purchasing an additional 249 shares during the period. Finally, Eastern Bank purchased a new stake in ProShares Ultra S&P500 during the third quarter valued at approximately $81,000.

ProShares Ultra S&P500 Stock Performance

Shares of SSO stock opened at $97.98 on Friday. ProShares Ultra S&P500 has a 1 year low of $66.68 and a 1 year high of $100.12. The stock’s 50 day simple moving average is $96.16 and its two-hundred day simple moving average is $90.46.

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.