Pinkerton Retirement Specialists LLC Purchases 139,728 Shares of ProShares Ultra S&P500 (NYSEARCA:SSO)

Pinkerton Retirement Specialists LLC boosted its stake in ProShares Ultra S&P500 (NYSEARCA:SSO) by 5,312.9% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 142,358 shares of the real estate investment trust’s stock after buying an additional 139,728 shares during the period. ProShares Ultra S&P500 accounts for 1.9% of Pinkerton Retirement Specialists LLC’s portfolio, making the stock its 10th biggest holding. Pinkerton Retirement Specialists LLC owned about 0.25% of ProShares Ultra S&P500 worth $13,170,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Patriot Investment Management Group Inc. bought a new position in shares of ProShares Ultra S&P500 during the 4th quarter valued at about $398,000. Exchange Traded Concepts LLC acquired a new stake in ProShares Ultra S&P500 during the fourth quarter valued at approximately $6,711,000. Kingswood Wealth Advisors LLC lifted its stake in ProShares Ultra S&P500 by 563.4% during the fourth quarter. Kingswood Wealth Advisors LLC now owns 72,247 shares of the real estate investment trust’s stock valued at $6,684,000 after purchasing an additional 61,356 shares during the last quarter. Foundations Investment Advisors LLC boosted its holdings in ProShares Ultra S&P500 by 312.3% during the fourth quarter. Foundations Investment Advisors LLC now owns 68,760 shares of the real estate investment trust’s stock worth $6,361,000 after buying an additional 52,082 shares in the last quarter. Finally, Genesee Capital Advisors LLC acquired a new position in ProShares Ultra S&P500 in the fourth quarter worth approximately $211,000.

ProShares Ultra S&P500 Stock Down 3.3%

Shares of ProShares Ultra S&P500 stock opened at $87.33 on Thursday. ProShares Ultra S&P500 has a 12-month low of $60.84 and a 12-month high of $100.29. The firm has a market capitalization of $5.27 billion, a PE ratio of 24.25 and a beta of 2.02. The stock’s fifty day moving average is $79.99 and its 200-day moving average is $89.82.

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.