Quantinno Capital Management LP Takes $383,000 Position in ProShares Ultra S&P500 $SSO

Quantinno Capital Management LP bought a new position in shares of ProShares Ultra S&P500 (NYSEARCA:SSO) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 7,373 shares of the real estate investment trust’s stock, valued at approximately $383,000.

A number of other institutional investors have also modified their holdings of SSO. Evolution Wealth Management Inc. raised 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 purchasing an additional 315 shares during the last quarter. Tucker Asset Management LLC purchased a new position in ProShares Ultra S&P500 during the 4th quarter worth $49,000. Bogart Wealth LLC purchased a new position in ProShares Ultra S&P500 during the 1st quarter worth $55,000. Winnow Wealth LLC grew its position in ProShares Ultra S&P500 by 100.3% during the 4th quarter. Winnow Wealth LLC now owns 1,216 shares of the real estate investment trust’s stock worth $71,000 after purchasing an additional 609 shares during the last quarter. Finally, Sunbelt Securities Inc. raised its holdings in shares of ProShares Ultra S&P500 by 153.2% in the third quarter. Sunbelt Securities Inc. now owns 704 shares of the real estate investment trust’s stock valued at $79,000 after buying an additional 426 shares during the last quarter.

ProShares Ultra S&P500 Stock Performance

Shares of NYSEARCA:SSO opened at $70.15 on Friday. ProShares Ultra S&P500 has a one year low of $48.63 and a one year high of $72.80. The stock has a market capitalization of $8.18 billion, a price-to-earnings ratio of 24.25 and a beta of 2.01. The company has a 50-day simple moving average of $68.11 and a 200-day simple moving average of $62.91.

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.