Valeo Financial Advisors LLC Grows Stock Holdings in ProShares Ultra S&P500 $SSO

Valeo Financial Advisors LLC increased its position in ProShares Ultra S&P500 (NYSEARCA:SSO) by 100.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 40,036 shares of the real estate investment trust’s stock after purchasing an additional 20,018 shares during the quarter. Valeo Financial Advisors LLC’s holdings in ProShares Ultra S&P500 were worth $2,319,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in SSO. Global Retirement Partners LLC acquired a new stake in ProShares Ultra S&P500 in the third quarter valued at $37,000. Park Square Financial Group LLC acquired a new stake in ProShares Ultra S&P500 in the third quarter valued at $47,000. Corsicana & Co. raised its holdings in ProShares Ultra S&P500 by 100.0% in the fourth quarter. Corsicana & Co. now owns 920 shares of the real estate investment trust’s stock valued at $53,000 after acquiring an additional 460 shares in the last quarter. Abound Wealth Management raised its holdings in ProShares Ultra S&P500 by 100.0% in the fourth quarter. Abound Wealth Management now owns 1,066 shares of the real estate investment trust’s stock valued at $62,000 after acquiring an additional 533 shares in the last quarter. Finally, Winnow Wealth LLC acquired a new stake in ProShares Ultra S&P500 in the third quarter valued at $69,000.

ProShares Ultra S&P500 Price Performance

SSO opened at $66.51 on Tuesday. The stock has a market capitalization of $7.69 billion, a PE ratio of 24.25 and a beta of 2.01. The firm’s fifty day moving average price is $57.32 and its 200 day moving average price is $57.85. ProShares Ultra S&P500 has a 12-month low of $42.53 and a 12-month high of $66.80.

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. Index Committee through a non-mechanical process that factors criteria, such as liquidity, price, market capitalization and financial viability.