Arlington Capital Management Inc. Purchases New Holdings in ProShares Ultra S&P500 (NYSEARCA:SSO)

Arlington Capital Management Inc. purchased a new position in shares of ProShares Ultra S&P500 (NYSEARCA:SSO) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 13,535 shares of the real estate investment trust’s stock, valued at approximately $1,252,000. ProShares Ultra S&P500 comprises about 0.9% of Arlington Capital Management Inc.’s investment portfolio, making the stock its 26th biggest position.

A number of other institutional investors and hedge funds also recently made changes to their positions in SSO. Chicago Partners Investment Group LLC lifted its stake in ProShares Ultra S&P500 by 1.2% in the fourth quarter. Chicago Partners Investment Group LLC now owns 9,820 shares of the real estate investment trust’s stock valued at $917,000 after acquiring an additional 113 shares during the last quarter. Sequoia Financial Advisors LLC lifted its stake in ProShares Ultra S&P500 by 3.0% in the 4th quarter. Sequoia Financial Advisors LLC now owns 8,378 shares of the real estate investment trust’s stock valued at $775,000 after purchasing an additional 241 shares during the last quarter. Abound Wealth Management grew its holdings in ProShares Ultra S&P500 by 46.7% during the fourth quarter. Abound Wealth Management now owns 782 shares of the real estate investment trust’s stock worth $72,000 after purchasing an additional 249 shares during the period. Commonwealth Equity Services LLC increased its position in ProShares Ultra S&P500 by 7.0% during the fourth quarter. Commonwealth Equity Services LLC now owns 4,823 shares of the real estate investment trust’s stock worth $446,000 after buying an additional 315 shares during the last quarter. Finally, Capital Investment Advisory Services LLC boosted its stake in shares of ProShares Ultra S&P500 by 3.8% during the 4th quarter. Capital Investment Advisory Services LLC now owns 9,782 shares of the real estate investment trust’s stock worth $905,000 after acquiring an additional 361 shares during the period.

ProShares Ultra S&P500 Price Performance

Shares of SSO opened at $87.95 on Wednesday. The firm has a market capitalization of $4.83 billion, a PE ratio of 22.99 and a beta of 2.06. The company’s 50-day moving average is $93.09 and its 200-day moving average is $92.93. ProShares Ultra S&P500 has a fifty-two week low of $68.75 and a fifty-two week high of $100.29.

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.