Creative Planning Boosts Stock Position in ProShares Ultra S&P500 (NYSEARCA:SSO)

Creative Planning raised its stake in shares of ProShares Ultra S&P500 (NYSEARCA:SSO) by 7.0% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 31,241 shares of the real estate investment trust’s stock after buying an additional 2,035 shares during the quarter. Creative Planning owned about 0.05% of ProShares Ultra S&P500 worth $2,580,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in SSO. Axxcess Wealth Management LLC raised its holdings in ProShares Ultra S&P500 by 123.2% in 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 acquiring an additional 174,634 shares during the last quarter. Foundations Investment Advisors LLC lifted its stake in ProShares Ultra S&P500 by 1,071.1% during the 2nd quarter. Foundations Investment Advisors LLC now owns 118,477 shares of the real estate investment trust’s stock valued at $9,786,000 after acquiring an additional 108,360 shares during the period. Aveo Capital Partners LLC boosted its holdings 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 valued at $12,189,000 after acquiring an additional 88,222 shares during the last quarter. Ascent Group LLC grew its stake in shares of ProShares Ultra S&P500 by 1,605.6% in the first quarter. Ascent Group LLC now owns 77,638 shares of the real estate investment trust’s stock worth $6,018,000 after acquiring an additional 73,086 shares during the period. Finally, Tactive Advisors LLC raised its holdings in shares of ProShares Ultra S&P500 by 92.7% during the first quarter. Tactive Advisors LLC now owns 138,715 shares of the real estate investment trust’s stock valued at $10,753,000 after purchasing an additional 66,715 shares during the last quarter.

ProShares Ultra S&P500 Stock Performance

Shares of SSO stock opened at $89.74 on Friday. ProShares Ultra S&P500 has a 12-month low of $48.59 and a 12-month high of $90.47. The firm’s 50 day moving average is $84.48 and its 200 day moving average is $80.72.

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.