Aveo Capital Partners LLC Cuts Stake in ProShares Ultra S&P500 (NYSEARCA:SSO)

Aveo Capital Partners LLC reduced its position in ProShares Ultra S&P500 (NYSEARCA:SSO) by 73.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 58,214 shares of the real estate investment trust’s stock after selling 165,224 shares during the quarter. Aveo Capital Partners LLC’s holdings in ProShares Ultra S&P500 were worth $5,385,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of SSO. BNP Paribas Financial Markets purchased a new stake in shares of ProShares Ultra S&P500 during the third quarter valued at $48,000. Creative Planning lifted its position in ProShares Ultra S&P500 by 6.7% during the third quarter. Creative Planning now owns 33,321 shares of the real estate investment trust’s stock valued at $3,005,000 after purchasing an additional 2,080 shares during the period. International Assets Investment Management LLC lifted its position in ProShares Ultra S&P500 by 8,917.0% during the third quarter. International Assets Investment Management LLC now owns 9,017 shares of the real estate investment trust’s stock valued at $813,000 after purchasing an additional 8,917 shares during the period. Wealth Enhancement Advisory Services LLC lifted its position in ProShares Ultra S&P500 by 9.2% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 9,538 shares of the real estate investment trust’s stock valued at $860,000 after purchasing an additional 800 shares during the period. Finally, JPMorgan Chase & Co. lifted its position in ProShares Ultra S&P500 by 21.4% during the third quarter. JPMorgan Chase & Co. now owns 36,272 shares of the real estate investment trust’s stock valued at $3,271,000 after purchasing an additional 6,406 shares during the period.

ProShares Ultra S&P500 Stock Performance

NYSEARCA SSO opened at $99.20 on Friday. The company has a fifty day moving average of $96.06 and a 200 day moving average of $91.47. ProShares Ultra S&P500 has a 1 year low of $68.75 and a 1 year high of $100.12.

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.