Signaturefd LLC Acquires New Shares in ProShares Ultra S&P500 (NYSEARCA:SSO)

Signaturefd LLC bought a new position in ProShares Ultra S&P500 (NYSEARCA:SSO) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 2,680 shares of the real estate investment trust’s stock, valued at approximately $248,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Global View Capital Management LLC bought a new position in ProShares Ultra S&P500 during the fourth quarter valued at approximately $10,406,000. IMC Chicago LLC bought a new position in shares of ProShares Ultra S&P500 during the 4th quarter valued at $9,793,000. Exchange Traded Concepts LLC purchased a new position in shares of ProShares Ultra S&P500 in the 4th quarter worth $6,711,000. Kingswood Wealth Advisors LLC grew its holdings in shares of ProShares Ultra S&P500 by 563.4% in the fourth quarter. Kingswood Wealth Advisors LLC now owns 72,247 shares of the real estate investment trust’s stock worth $6,684,000 after acquiring an additional 61,356 shares during the period. Finally, Client First Investment Management LLC increased its position in ProShares Ultra S&P500 by 15.9% during the fourth quarter. Client First Investment Management LLC now owns 388,008 shares of the real estate investment trust’s stock valued at $35,895,000 after acquiring an additional 53,310 shares during the last quarter.

ProShares Ultra S&P500 Stock Performance

SSO stock opened at $84.59 on Friday. The company has a market cap of $4.65 billion, a price-to-earnings ratio of 22.99 and a beta of 2.06. The business’s 50-day moving average is $93.21 and its two-hundred day moving average is $92.71. ProShares Ultra S&P500 has a fifty-two week low of $68.75 and a fifty-two week high of $100.29.

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.