Client First Investment Management LLC Has $25.56 Million Stock Holdings in ProShares Ultra S&P500 (NYSEARCA:SSO)

Client First Investment Management LLC reduced its holdings in ProShares Ultra S&P500 (NYSEARCA:SSO) by 14.9% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 309,391 shares of the real estate investment trust’s stock after selling 54,021 shares during the quarter. ProShares Ultra S&P500 comprises 19.8% of Client First Investment Management LLC’s holdings, making the stock its 2nd biggest holding. Client First Investment Management LLC’s holdings in ProShares Ultra S&P500 were worth $25,556,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SSO. Whittier Trust Co. bought a new stake in ProShares Ultra S&P500 during the first quarter worth $60,000. CWM LLC boosted its position in ProShares Ultra S&P500 by 964.2% during the second quarter. CWM LLC now owns 862 shares of the real estate investment trust’s stock worth $71,000 after purchasing an additional 781 shares during the period. Hantz Financial Services Inc. bought a new stake in shares of ProShares Ultra S&P500 during the 2nd quarter worth about $163,000. Wealthspire Advisors LLC bought a new stake in shares of ProShares Ultra S&P500 during the first quarter worth approximately $206,000. Finally, Pinkerton Retirement Specialists LLC acquired a new position in ProShares Ultra S&P500 in the 1st quarter valued at $217,000.

ProShares Ultra S&P500 Trading Down 0.4 %

Shares of ProShares Ultra S&P500 stock opened at $88.63 on Friday. The company has a 50-day simple moving average of $83.55 and a two-hundred day simple moving average of $79.70. ProShares Ultra S&P500 has a twelve month low of $48.59 and a twelve month high of $89.62.

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.