ProShares Ultra S&P500 (NYSEARCA:SSO) Shares Sold by CPR Investments Inc.

CPR Investments Inc. trimmed its holdings in ProShares Ultra S&P500 (NYSEARCA:SSO) by 12.5% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 21,438 shares of the real estate investment trust’s stock after selling 3,051 shares during the quarter. ProShares Ultra S&P500 comprises approximately 1.8% of CPR Investments Inc.’s portfolio, making the stock its 15th biggest position. CPR Investments Inc.’s holdings in ProShares Ultra S&P500 were worth $1,983,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the stock. Fortitude Family Office LLC acquired a new stake in ProShares Ultra S&P500 during the third quarter worth approximately $42,000. BNP Paribas Financial Markets purchased a new position in shares of ProShares Ultra S&P500 in the 3rd quarter valued at $48,000. Northwestern Mutual Wealth Management Co. acquired a new stake in ProShares Ultra S&P500 during the 2nd quarter worth $58,000. Abound Wealth Management lifted its position in ProShares Ultra S&P500 by 46.7% in the fourth quarter. Abound Wealth Management now owns 782 shares of the real estate investment trust’s stock valued at $72,000 after acquiring an additional 249 shares during the last quarter. Finally, Eastern Bank acquired a new position in ProShares Ultra S&P500 in the third quarter valued at $81,000.

ProShares Ultra S&P500 Stock Up 3.1 %

Shares of SSO stock opened at $93.90 on Wednesday. The stock’s 50-day moving average is $95.77 and its two-hundred day moving average is $89.50. ProShares Ultra S&P500 has a 1 year low of $63.33 and a 1 year high of $100.12.

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.