242,475 Shares in ProShares Ultra S&P500 $SSO Purchased by NBZ Investment Advisors LLC

NBZ Investment Advisors LLC bought a new position in ProShares Ultra S&P500 (NYSEARCA:SSO) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 242,475 shares of the real estate investment trust’s stock, valued at approximately $16,811,000. ProShares Ultra S&P500 makes up about 6.5% of NBZ Investment Advisors LLC’s portfolio, making the stock its 4th biggest holding. NBZ Investment Advisors LLC owned about 0.20% of ProShares Ultra S&P500 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Howard Capital Management LLC lifted its holdings in ProShares Ultra S&P500 by 5.0% during the third quarter. Howard Capital Management LLC now owns 12,781,294 shares of the real estate investment trust’s stock valued at $886,127,000 after purchasing an additional 610,680 shares in the last quarter. TTP Investments Inc. boosted its position in shares of ProShares Ultra S&P500 by 15.8% in the third quarter. TTP Investments Inc. now owns 1,104,915 shares of the real estate investment trust’s stock worth $76,604,000 after purchasing an additional 151,108 shares during the period. Turner Capital Investments LLC purchased a new stake in shares of ProShares Ultra S&P500 in the third quarter worth $39,489,000. Client First Investment Management LLC increased its stake in shares of ProShares Ultra S&P500 by 361.3% in the second quarter. Client First Investment Management LLC now owns 544,551 shares of the real estate investment trust’s stock worth $36,692,000 after purchasing an additional 426,494 shares in the last quarter. Finally, Ridgepath Capital Management LLC increased its stake in shares of ProShares Ultra S&P500 by 5.6% in the third quarter. Ridgepath Capital Management LLC now owns 389,771 shares of the real estate investment trust’s stock worth $27,023,000 after purchasing an additional 20,664 shares in the last quarter.

ProShares Ultra S&P500 Price Performance

Shares of SSO stock opened at $69.62 on Thursday. The company has a market capitalization of $8.70 billion, a price-to-earnings ratio of 24.25 and a beta of 2.01. ProShares Ultra S&P500 has a one year low of $48.63 and a one year high of $72.80. The company’s fifty day moving average price is $70.08 and its 200-day moving average price is $64.59.

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. Index Committee through a non-mechanical process that factors criteria, such as liquidity, price, market capitalization and financial viability.