Wealth Enhancement Advisory Services LLC Purchases 17,355 Shares of ProShares Ultra S&P500 $SSO

Wealth Enhancement Advisory Services LLC lifted its position in ProShares Ultra S&P500 (NYSEARCA:SSO – Free Report) by 149.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 28,948 shares of the real estate investment trust’s stock after purchasing an additional 17,355 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in ProShares Ultra S&P500 were worth $1,724,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of SSO. MKT Advisors LLC increased its holdings in ProShares Ultra S&P500 by 100.0% in the 4th quarter. MKT Advisors LLC now owns 6,400 shares of the real estate investment trust’s stock valued at $377,000 after buying an additional 3,200 shares during the period. Sovereign Financial Group Inc. lifted its holdings in shares of ProShares Ultra S&P500 by 100.0% during the 4th quarter. Sovereign Financial Group Inc. now owns 36,052 shares of the real estate investment trust’s stock worth $2,088,000 after acquiring an additional 18,026 shares during the period. Innova Wealth Partners boosted its position in shares of ProShares Ultra S&P500 by 105.9% during the 4th quarter. Innova Wealth Partners now owns 58,823 shares of the real estate investment trust’s stock valued at $3,407,000 after acquiring an additional 30,255 shares in the last quarter. Corsicana & Co. increased its stake in ProShares Ultra S&P500 by 100.0% in the fourth quarter. Corsicana & Co. now owns 920 shares of the real estate investment trust’s stock valued at $53,000 after acquiring an additional 460 shares during the period. Finally, TruWealth Advisors LLC raised its position in ProShares Ultra S&P500 by 100.0% in the fourth quarter. TruWealth Advisors LLC now owns 8,934 shares of the real estate investment trust’s stock worth $517,000 after purchasing an additional 4,467 shares in the last quarter.

ProShares Ultra S&P500 Price Performance

Shares of SSO opened at $52.74 on Friday. The company has a 50-day moving average price of $56.31 and a two-hundred day moving average price of $57.00. The stock has a market cap of $5.53 billion, a price-to-earnings ratio of 24.25 and a beta of 2.01. ProShares Ultra S&P500 has a 12 month low of $30.42 and a 12 month high of $60.37.

ProShares Ultra S&P500 Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Wednesday, March 25th were given a dividend of $0.1138 per share. This represents a $0.46 annualized dividend and a dividend yield of 0.9%. The ex-dividend date was Wednesday, March 25th.

ProShares Ultra S&P500 Profile

(Free Report)

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. Index Committee through a non-mechanical process that factors criteria, such as liquidity, price, market capitalization and financial viability.

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