Centaurus Financial Inc. Raises Position in ProShares Ultra S&P500 (NYSEARCA:SSO)

Centaurus Financial Inc. lifted its stake in shares of ProShares Ultra S&P500 (NYSEARCA:SSO) by 71.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 8,011 shares of the real estate investment trust’s stock after acquiring an additional 3,335 shares during the quarter. Centaurus Financial Inc.’s holdings in ProShares Ultra S&P500 were worth $662,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of the stock. Adams Wealth Management boosted its stake in shares of ProShares Ultra S&P500 by 4.7% in the 2nd quarter. Adams Wealth Management now owns 579,609 shares of the real estate investment trust’s stock valued at $47,876,000 after buying an additional 26,065 shares during the period. Main Street Group LTD raised its holdings in shares of ProShares Ultra S&P500 by 1.2% in the 2nd quarter. Main Street Group LTD now owns 497,464 shares of the real estate investment trust’s stock valued at $41,269,000 after purchasing an additional 6,110 shares in the last quarter. 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 purchasing an additional 174,634 shares during the last quarter. Unique Wealth LLC grew its stake in shares of ProShares Ultra S&P500 by 1.8% during the first quarter. Unique Wealth LLC now owns 169,434 shares of the real estate investment trust’s stock worth $13,135,000 after purchasing an additional 2,977 shares in the last quarter. Finally, Aveo Capital Partners LLC increased its holdings in ProShares Ultra S&P500 by 148.7% in the second quarter. Aveo Capital Partners LLC now owns 147,565 shares of the real estate investment trust’s stock valued at $12,189,000 after buying an additional 88,222 shares during the last quarter.

ProShares Ultra S&P500 Stock Performance

ProShares Ultra S&P500 stock opened at $89.74 on Friday. The stock’s fifty day moving average is $84.33 and its two-hundred day moving average is $80.62. ProShares Ultra S&P500 has a 1-year low of $48.59 and a 1-year high of $90.47.

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.