Greenspring Advisors LLC Acquires Shares of 10,126 ProShares Ultra S&P500 $SSO

Greenspring Advisors LLC acquired a new stake in ProShares Ultra S&P500 (NYSEARCA:SSO) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 10,126 shares of the real estate investment trust’s stock, valued at approximately $587,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Evolution Wealth Management Inc. boosted its position in ProShares Ultra S&P500 by 100.0% in the 4th quarter. Evolution Wealth Management Inc. now owns 630 shares of the real estate investment trust’s stock valued at $36,000 after buying an additional 315 shares during the last quarter. AmeriServ Wealth Advisors raised its stake in shares of ProShares Ultra S&P500 by 89.8% in the 4th quarter. AmeriServ Wealth Advisors now owns 16,373 shares of the real estate investment trust’s stock valued at $948,000 after purchasing an additional 7,746 shares in the last quarter. Founders Financial Securities LLC raised its stake in shares of ProShares Ultra S&P500 by 100.2% in the 4th quarter. Founders Financial Securities LLC now owns 16,155 shares of the real estate investment trust’s stock valued at $936,000 after purchasing an additional 8,086 shares in the last quarter. Foundations Investment Advisors LLC raised its stake in shares of ProShares Ultra S&P500 by 85.9% in the 4th quarter. Foundations Investment Advisors LLC now owns 15,340 shares of the real estate investment trust’s stock valued at $888,000 after purchasing an additional 7,087 shares in the last quarter. Finally, Baker Avenue Asset Management LP raised its stake in shares of ProShares Ultra S&P500 by 100.0% in the 4th quarter. Baker Avenue Asset Management LP now owns 13,768 shares of the real estate investment trust’s stock valued at $797,000 after purchasing an additional 6,884 shares in the last quarter.

ProShares Ultra S&P500 Stock Performance

Shares of ProShares Ultra S&P500 stock opened at $69.47 on Friday. The firm has a market cap of $8.03 billion, a PE ratio of 24.25 and a beta of 2.01. The firm’s 50-day simple moving average is $61.84 and its 200-day simple moving average is $59.14. ProShares Ultra S&P500 has a 1 year low of $44.74 and a 1 year high of $70.13.

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.