ProShares Ultra S&P500 (NYSEARCA:SSO) Shares Sold by Client First Investment Management LLC

Client First Investment Management LLC trimmed its position in ProShares Ultra S&P500 (NYSEARCA:SSO) by 14.9% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 309,391 shares of the real estate investment trust’s stock after selling 54,021 shares during the period. ProShares Ultra S&P500 makes up approximately 19.8% of Client First Investment Management LLC’s holdings, making the stock its 2nd biggest holding. Client First Investment Management LLC owned 0.54% of ProShares Ultra S&P500 worth $25,556,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Zega Financial LLC bought a new position in ProShares Ultra S&P500 during the second quarter worth about $926,000. Axxcess Wealth Management LLC boosted its holdings in shares of ProShares Ultra S&P500 by 123.2% in the second quarter. Axxcess Wealth Management LLC now owns 316,334 shares of the real estate investment trust’s stock valued at $26,129,000 after buying an additional 174,634 shares during the period. Edgestream Partners L.P. bought a new stake in shares of ProShares Ultra S&P500 during the second quarter worth $520,000. Renaissance Technologies LLC acquired a new stake in shares of ProShares Ultra S&P500 during the second quarter worth $2,759,000. Finally, Envestnet Asset Management Inc. lifted its position in ProShares Ultra S&P500 by 71.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 20,540 shares of the real estate investment trust’s stock valued at $1,697,000 after acquiring an additional 8,578 shares in the last quarter.

ProShares Ultra S&P500 Trading Down 0.4 %

SSO stock opened at $88.63 on Friday. The stock has a 50-day moving average price of $83.55 and a two-hundred day moving average price of $79.70. ProShares Ultra S&P500 has a 1 year low of $48.59 and a 1 year high of $89.62.

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.