ProShares Ultra S&P500 (NYSEARCA:SSO) Stock Position Lessened by TTP Investments Inc.

TTP Investments Inc. trimmed its holdings in shares of ProShares Ultra S&P500 (NYSEARCA:SSO) by 28.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 513,581 shares of the real estate investment trust’s stock after selling 202,250 shares during the period. ProShares Ultra S&P500 comprises approximately 16.6% of TTP Investments Inc.’s holdings, making the stock its 2nd biggest holding. TTP Investments Inc. owned 0.89% of ProShares Ultra S&P500 worth $47,511,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Exchange Traded Concepts LLC acquired a new position in shares of ProShares Ultra S&P500 in the fourth quarter valued at approximately $6,711,000. Patriot Investment Management Group Inc. acquired a new position in ProShares Ultra S&P500 in the 4th quarter valued at $398,000. Koshinski Asset Management Inc. lifted its stake in shares of ProShares Ultra S&P500 by 82.5% during the 4th quarter. Koshinski Asset Management Inc. now owns 37,629 shares of the real estate investment trust’s stock worth $3,481,000 after purchasing an additional 17,011 shares during the period. Client First Investment Management LLC boosted its holdings in shares of ProShares Ultra S&P500 by 15.9% during the fourth quarter. Client First Investment Management LLC now owns 388,008 shares of the real estate investment trust’s stock worth $35,895,000 after purchasing an additional 53,310 shares during the last quarter. Finally, Dale Q Rice Investment Management Ltd purchased a new stake in shares of ProShares Ultra S&P500 in the fourth quarter valued at $433,000.

ProShares Ultra S&P500 Trading Down 0.6 %

NYSEARCA SSO opened at $99.05 on Friday. The business’s 50-day moving average price is $95.93 and its 200 day moving average price is $90.20. ProShares Ultra S&P500 has a twelve month low of $66.68 and a twelve month high of $100.12.

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.