26,401 Shares in ProShares Ultra S&P500 (NYSEARCA:SSO) Bought by Innova Wealth Partners

Innova Wealth Partners purchased a new stake in shares of ProShares Ultra S&P500 (NYSEARCA:SSO) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 26,401 shares of the real estate investment trust’s stock, valued at approximately $2,442,000. ProShares Ultra S&P500 accounts for 1.5% of Innova Wealth Partners’ holdings, making the stock its 20th largest position.

A number of other institutional investors and hedge funds have also recently modified their holdings of SSO. Fortitude Family Office LLC bought a new stake in ProShares Ultra S&P500 during the 3rd quarter valued at $42,000. BNP Paribas Financial Markets bought a new position in shares of ProShares Ultra S&P500 during the third quarter valued at about $48,000. Northwestern Mutual Wealth Management Co. purchased a new stake in shares of ProShares Ultra S&P500 during the second quarter worth about $58,000. Eastern Bank purchased a new stake in shares of ProShares Ultra S&P500 during the third quarter worth about $81,000. Finally, Oliver Lagore Vanvalin Investment Group grew its stake in shares of ProShares Ultra S&P500 by 39.0% in the second quarter. Oliver Lagore Vanvalin Investment Group now owns 1,344 shares of the real estate investment trust’s stock worth $111,000 after purchasing an additional 377 shares during the last quarter.

ProShares Ultra S&P500 Stock Down 2.3 %

SSO opened at $93.25 on Wednesday. ProShares Ultra S&P500 has a one year low of $63.05 and a one year high of $100.12. The business has a 50 day simple moving average of $95.53 and a two-hundred day simple moving average of $89.25.

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.