ProShares Ultra S&P500 $SSO Stock: TTP Investments Inc. Grows Position

TTP Investments Inc. lifted its position in ProShares Ultra S&P500 (NYSEARCA:SSO) by 15.8% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,104,915 shares of the real estate investment trust’s stock after acquiring an additional 151,108 shares during the period. ProShares Ultra S&P500 accounts for 30.4% of TTP Investments Inc.’s holdings, making the stock its largest position. TTP Investments Inc.’s holdings in ProShares Ultra S&P500 were worth $76,604,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in SSO. Blue Bell Private Wealth Management LLC purchased a new stake in shares of ProShares Ultra S&P500 during the third quarter worth approximately $27,000. Root Financial Partners LLC purchased a new position in ProShares Ultra S&P500 in the 3rd quarter valued at $30,000. Western Wealth Management LLC purchased a new position in ProShares Ultra S&P500 in the 1st quarter valued at $37,000. Bogart Wealth LLC acquired a new stake in ProShares Ultra S&P500 during the 1st quarter worth $55,000. Finally, SBI Securities Co. Ltd. boosted its stake in ProShares Ultra S&P500 by 217.0% during the 3rd quarter. SBI Securities Co. Ltd. now owns 932 shares of the real estate investment trust’s stock worth $65,000 after purchasing an additional 638 shares during the last quarter.

ProShares Ultra S&P500 Stock Up 0.6%

Shares of SSO opened at $67.43 on Wednesday. ProShares Ultra S&P500 has a 52-week low of $48.63 and a 52-week high of $72.80. The stock has a market cap of $8.42 billion, a PE ratio of 24.25 and a beta of 2.01. The firm’s fifty day moving average is $70.09 and its two-hundred day moving average is $64.54.

ProShares Ultra S&P500 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.