Avidian Wealth Enterprises LLC grew its holdings in shares of ProShares Ultra S&P500 (NYSEARCA:SSO – Free Report) by 14.2% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,504 shares of the real estate investment trust’s stock after acquiring an additional 1,184 shares during the period. Avidian Wealth Enterprises LLC’s holdings in ProShares Ultra S&P500 were worth $929,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors also recently bought and sold shares of the stock. Keystone Global Partners LLC purchased a new position in ProShares Ultra S&P500 in the 1st quarter worth approximately $28,000. Strategic Investment Solutions Inc. IL purchased a new position in shares of ProShares Ultra S&P500 in the first quarter worth $159,000. Crossingbridge Advisors LLC bought a new position in shares of ProShares Ultra S&P500 during the first quarter worth $166,000. Oliver Lagore Vanvalin Investment Group purchased a new position in ProShares Ultra S&P500 during the second quarter valued at $200,000. Finally, Stephens Inc. AR purchased a new position in ProShares Ultra S&P500 during the second quarter valued at $210,000.
ProShares Ultra S&P500 Price Performance
Shares of SSO stock opened at $113.34 on Wednesday. The company has a market cap of $7.39 billion, a PE ratio of 24.25 and a beta of 2.03. ProShares Ultra S&P500 has a 1 year low of $60.84 and a 1 year high of $114.61. The stock’s 50 day simple moving average is $108.82 and its two-hundred day simple moving average is $96.40.
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.
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