Global Assets Advisory LLC Buys 2,329 Shares of ProShares Ultra S&P500 (NYSEARCA:SSO)

Global Assets Advisory LLC increased its stake in ProShares Ultra S&P500 (NYSEARCA:SSO) by 11.1% in the fourth quarter, HoldingsChannel reports. The fund owned 23,312 shares of the real estate investment trust’s stock after purchasing an additional 2,329 shares during the period. ProShares Ultra S&P500 makes up about 1.2% of Global Assets Advisory LLC’s portfolio, making the stock its 19th biggest position. Global Assets Advisory LLC’s holdings in ProShares Ultra S&P500 were worth $2,145,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently bought and sold shares of SSO. Chicago Partners Investment Group LLC increased its position in shares of 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 period. Rollins Financial Advisors LLC grew its stake in shares of ProShares Ultra S&P500 by 1.0% in the fourth quarter. Rollins Financial Advisors LLC now owns 12,048 shares of the real estate investment trust’s stock worth $1,115,000 after purchasing an additional 115 shares during the last quarter. Mariner LLC raised its position in ProShares Ultra S&P500 by 1.1% during the 4th quarter. Mariner LLC now owns 15,172 shares of the real estate investment trust’s stock valued at $1,404,000 after purchasing an additional 161 shares during the last quarter. CoreCap Advisors LLC raised its position in ProShares Ultra S&P500 by 2.7% during the 4th quarter. CoreCap Advisors LLC now owns 9,193 shares of the real estate investment trust’s stock valued at $850,000 after purchasing an additional 239 shares during the last quarter. Finally, Sequoia Financial Advisors LLC grew its position in shares of 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 worth $775,000 after buying an additional 241 shares during the last quarter.

ProShares Ultra S&P500 Stock Performance

SSO opened at $82.09 on Friday. The stock’s 50 day moving average price is $79.27 and its 200-day moving average price is $89.90. ProShares Ultra S&P500 has a 52-week low of $60.84 and a 52-week high of $100.29. The stock has a market capitalization of $4.95 billion, a PE ratio of 24.25 and a beta of 2.02.

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.