ProShares Ultra S&P500 $SSO is TTP Investments Inc.’s 3rd Largest Position

TTP Investments Inc. increased its holdings in ProShares Ultra S&P500 (NYSEARCA:SSO) by 50.3% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 618,759 shares of the real estate investment trust’s stock after acquiring an additional 207,045 shares during the quarter. ProShares Ultra S&P500 accounts for 11.7% of TTP Investments Inc.’s portfolio, making the stock its 3rd largest position. TTP Investments Inc.’s holdings in ProShares Ultra S&P500 were worth $35,839,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in SSO. West Michigan Advisors LLC increased its holdings in ProShares Ultra S&P500 by 94.9% during the fourth quarter. West Michigan Advisors LLC now owns 10,111 shares of the real estate investment trust’s stock valued at $586,000 after buying an additional 4,923 shares during the last quarter. Kingswood Wealth Advisors LLC boosted its stake in shares of ProShares Ultra S&P500 by 100.6% during the 4th quarter. Kingswood Wealth Advisors LLC now owns 266,574 shares of the real estate investment trust’s stock worth $15,440,000 after acquiring an additional 133,716 shares during the last quarter. Institute for Wealth Management LLC. grew its position in shares of ProShares Ultra S&P500 by 82.9% during the 4th quarter. Institute for Wealth Management LLC. now owns 5,148 shares of the real estate investment trust’s stock valued at $298,000 after acquiring an additional 2,334 shares during the period. Berger Financial Group Inc increased its stake in shares of ProShares Ultra S&P500 by 98.6% in the 4th quarter. Berger Financial Group Inc now owns 22,730 shares of the real estate investment trust’s stock worth $1,317,000 after purchasing an additional 11,286 shares in the last quarter. Finally, Main Street Group LTD raised its holdings in ProShares Ultra S&P500 by 101.6% in the 4th quarter. Main Street Group LTD now owns 1,207,033 shares of the real estate investment trust’s stock worth $69,911,000 after purchasing an additional 608,334 shares during the period.

ProShares Ultra S&P500 Stock Performance

NYSEARCA SSO opened at $61.47 on Thursday. The business’s fifty day moving average is $56.08 and its 200 day moving average is $57.24. The company has a market capitalization of $7.23 billion, a PE ratio of 24.25 and a beta of 2.00. ProShares Ultra S&P500 has a fifty-two week low of $36.88 and a fifty-two week high of $62.02.

ProShares Ultra S&P500 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.