EverSource Wealth Advisors LLC Purchases 2,098 Shares of ProShares Ultra S&P500 (NYSEARCA:SSO)

EverSource Wealth Advisors LLC grew its position in shares of ProShares Ultra S&P500 (NYSEARCA:SSO) by 288.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,825 shares of the real estate investment trust’s stock after acquiring an additional 2,098 shares during the period. EverSource Wealth Advisors LLC’s holdings in ProShares Ultra S&P500 were worth $261,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. Altman Advisors Inc. bought a new stake in shares of ProShares Ultra S&P500 in the 3rd quarter worth approximately $267,000. Kingsview Wealth Management LLC lifted its stake in ProShares Ultra S&P500 by 75.9% in the third quarter. Kingsview Wealth Management LLC now owns 5,563 shares of the real estate investment trust’s stock worth $502,000 after acquiring an additional 2,401 shares during the period. BNP Paribas Financial Markets bought a new stake in ProShares Ultra S&P500 in the third quarter valued at $48,000. Townsquare Capital LLC increased its position in ProShares Ultra S&P500 by 19.6% during the 3rd quarter. Townsquare Capital LLC now owns 19,205 shares of the real estate investment trust’s stock valued at $1,732,000 after purchasing an additional 3,143 shares during the period. Finally, Flow Traders U.S. LLC bought a new position in ProShares Ultra S&P500 in the 3rd quarter worth $3,688,000.

ProShares Ultra S&P500 Trading Up 4.0 %

Shares of SSO opened at $83.82 on Friday. ProShares Ultra S&P500 has a 1-year low of $68.75 and a 1-year high of $100.29. The firm’s 50-day moving average price is $94.08 and its 200-day moving average price is $92.82. The firm has a market capitalization of $4.61 billion, a price-to-earnings ratio of 22.99 and a beta of 2.06.

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.