SRS Capital Advisors Inc. bought a new stake in shares of ProShares Ultra S&P500 (NYSEARCA:SSO) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 1,530 shares of the real estate investment trust’s stock, valued at approximately $195,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. NEXT Financial Group Inc bought a new stake in ProShares Ultra S&P500 during the third quarter worth about $102,000. Circle Wealth Management LLC bought a new stake in ProShares Ultra S&P500 during the second quarter worth about $200,000. XR Securities LLC bought a new stake in ProShares Ultra S&P500 during the third quarter worth about $204,000. Rezny Wealth Management Inc. bought a new stake in ProShares Ultra S&P500 during the third quarter worth about $204,000. Finally, Advisory Services Network LLC boosted its stake in ProShares Ultra S&P500 by 143.2% during the third quarter. Advisory Services Network LLC now owns 1,605 shares of the real estate investment trust’s stock worth $205,000 after acquiring an additional 945 shares in the last quarter.

NYSEARCA:SSO opened at $115.39 on Friday. ProShares Ultra S&P500 has a one year low of $97.35 and a one year high of $129.98.

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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.

See Also: Put Option

Institutional Ownership by Quarter for ProShares Ultra S&P500 (NYSEARCA:SSO)

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