Wealth Enhancement Advisory Services LLC Has $788,000 Holdings in ProShares Ultra S&P500 (NYSEARCA:SSO)

Wealth Enhancement Advisory Services LLC lessened its stake in shares of ProShares Ultra S&P500 (NYSEARCA:SSO) by 35.7% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,738 shares of the real estate investment trust’s stock after selling 4,860 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in ProShares Ultra S&P500 were worth $788,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Adams Wealth Management lifted its position in shares of ProShares Ultra S&P500 by 4.7% during the 2nd quarter. Adams Wealth Management now owns 579,609 shares of the real estate investment trust’s stock worth $47,876,000 after buying an additional 26,065 shares during the period. Main Street Group LTD lifted its position in shares of ProShares Ultra S&P500 by 1.2% during the 2nd quarter. Main Street Group LTD now owns 497,464 shares of the real estate investment trust’s stock worth $41,269,000 after buying an additional 6,110 shares during the period. Axxcess Wealth Management LLC lifted its position in shares of ProShares Ultra S&P500 by 123.2% during the 2nd quarter. Axxcess Wealth Management LLC now owns 316,334 shares of the real estate investment trust’s stock worth $26,129,000 after buying an additional 174,634 shares during the period. Aveo Capital Partners LLC lifted its position in shares of ProShares Ultra S&P500 by 148.7% during the 2nd quarter. Aveo Capital Partners LLC now owns 147,565 shares of the real estate investment trust’s stock worth $12,189,000 after buying an additional 88,222 shares during the period. Finally, Tactive Advisors LLC lifted its position in shares of ProShares Ultra S&P500 by 92.7% during the 1st quarter. Tactive Advisors LLC now owns 138,715 shares of the real estate investment trust’s stock worth $10,753,000 after buying an additional 66,715 shares during the period.

ProShares Ultra S&P500 Trading Up 5.0 %

Shares of SSO opened at $94.84 on Thursday. The stock has a fifty day moving average price of $88.56 and a two-hundred day moving average price of $83.28. ProShares Ultra S&P500 has a 52-week low of $54.33 and a 52-week high of $95.12.

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.