Farther Finance Advisors LLC Has $825,000 Stock Holdings in ProShares Ultra S&P500 (NYSEARCA:SSO)

Farther Finance Advisors LLC grew its holdings in ProShares Ultra S&P500 (NYSEARCA:SSO) by 16.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 8,918 shares of the real estate investment trust’s stock after buying an additional 1,270 shares during the quarter. Farther Finance Advisors LLC’s holdings in ProShares Ultra S&P500 were worth $825,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Altman Advisors Inc. bought a new position in ProShares Ultra S&P500 in the third quarter valued at about $267,000. Kingsview Wealth Management LLC boosted its holdings in ProShares Ultra S&P500 by 75.9% in the third quarter. Kingsview Wealth Management LLC now owns 5,563 shares of the real estate investment trust’s stock valued at $502,000 after acquiring an additional 2,401 shares during the last quarter. BNP Paribas Financial Markets bought a new position in ProShares Ultra S&P500 in the third quarter valued at about $48,000. Townsquare Capital LLC boosted its holdings in ProShares Ultra S&P500 by 19.6% in the third quarter. Townsquare Capital LLC now owns 19,205 shares of the real estate investment trust’s stock valued at $1,732,000 after acquiring an additional 3,143 shares during the last quarter. Finally, Flow Traders U.S. LLC bought a new position in ProShares Ultra S&P500 in the third quarter valued at about $3,688,000.

ProShares Ultra S&P500 Stock Up 4.0 %

ProShares Ultra S&P500 stock opened at $83.82 on Friday. The business’s 50-day simple moving average is $94.08 and its 200 day simple moving average is $92.78. The stock has a market cap of $4.61 billion, a price-to-earnings ratio of 22.99 and a beta of 2.06. ProShares Ultra S&P500 has a 12-month low of $68.75 and a 12-month high of $100.29.

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.