ProShares Ultra S&P500 (NYSEARCA:SSO) Shares Sold by LPL Financial LLC

LPL Financial LLC reduced its stake in ProShares Ultra S&P500 (NYSEARCA:SSO) by 19.7% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 8,843 shares of the real estate investment trust’s stock after selling 2,166 shares during the quarter. LPL Financial LLC’s holdings in ProShares Ultra S&P500 were worth $818,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Chicago Partners Investment Group LLC lifted its position in shares of ProShares Ultra S&P500 by 1.2% during the fourth quarter. Chicago Partners Investment Group LLC now owns 9,820 shares of the real estate investment trust’s stock worth $917,000 after purchasing an additional 113 shares in the last quarter. Sequoia Financial Advisors LLC raised its stake in shares of ProShares Ultra S&P500 by 3.0% in the fourth quarter. Sequoia Financial Advisors LLC now owns 8,378 shares of the real estate investment trust’s stock valued at $775,000 after acquiring an additional 241 shares in the last quarter. Abound Wealth Management grew its stake in ProShares Ultra S&P500 by 46.7% during the 4th quarter. Abound Wealth Management now owns 782 shares of the real estate investment trust’s stock worth $72,000 after purchasing an additional 249 shares in the last quarter. Commonwealth Equity Services LLC increased its holdings in ProShares Ultra S&P500 by 7.0% during the 4th quarter. Commonwealth Equity Services LLC now owns 4,823 shares of the real estate investment trust’s stock worth $446,000 after purchasing an additional 315 shares during the period. Finally, Capital Investment Advisory Services LLC boosted its stake in shares of ProShares Ultra S&P500 by 3.8% in the 4th quarter. Capital Investment Advisory Services LLC now owns 9,782 shares of the real estate investment trust’s stock valued at $905,000 after buying an additional 361 shares during the period.

ProShares Ultra S&P500 Stock Performance

SSO stock opened at $68.44 on Tuesday. ProShares Ultra S&P500 has a fifty-two week low of $60.84 and a fifty-two week high of $100.29. The company’s 50 day moving average price is $83.86 and its 200 day moving average price is $91.08. The firm has a market capitalization of $4.11 billion, a price-to-earnings ratio of 21.58 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.