Plotkin Financial Advisors LLC Takes Position in ProShares Ultra S&P500 (NYSEARCA:SSO)

Plotkin Financial Advisors LLC acquired a new stake in ProShares Ultra S&P500 (NYSEARCA:SSO) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 48,621 shares of the real estate investment trust’s stock, valued at approximately $4,384,000. ProShares Ultra S&P500 accounts for 2.6% of Plotkin Financial Advisors LLC’s portfolio, making the stock its 11th biggest holding. Plotkin Financial Advisors LLC owned about 0.08% of ProShares Ultra S&P500 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Adams Wealth Management boosted its position in shares of ProShares Ultra S&P500 by 4.7% in the second quarter. Adams Wealth Management now owns 579,609 shares of the real estate investment trust’s stock valued at $47,876,000 after acquiring an additional 26,065 shares during the period. Main Street Group LTD raised its stake in ProShares Ultra S&P500 by 1.2% in the second 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 ProShares Ultra S&P500 by 0.3% during the third quarter. Axxcess Wealth Management LLC now owns 317,197 shares of the real estate investment trust’s stock valued at $28,602,000 after purchasing an additional 863 shares during the last quarter. Ridgepath Capital Management LLC lifted its position in ProShares Ultra S&P500 by 3.1% during the third quarter. Ridgepath Capital Management LLC now owns 312,827 shares of the real estate investment trust’s stock valued at $28,208,000 after purchasing an additional 9,316 shares during the last quarter. Finally, Aveo Capital Partners LLC lifted its position in ProShares Ultra S&P500 by 148.7% during 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 purchasing an additional 88,222 shares during the last quarter.

ProShares Ultra S&P500 Trading Up 1.2 %

Shares of ProShares Ultra S&P500 stock opened at $98.07 on Friday. ProShares Ultra S&P500 has a 1 year low of $59.17 and a 1 year high of $98.36. The company has a 50 day simple moving average of $92.46 and a two-hundred day simple moving average of $85.98.

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.