Aveo Capital Partners LLC Sells 165,224 Shares of ProShares Ultra S&P500 (NYSEARCA:SSO)

Aveo Capital Partners LLC lessened its stake in ProShares Ultra S&P500 (NYSEARCA:SSO) by 73.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 58,214 shares of the real estate investment trust’s stock after selling 165,224 shares during the period. Aveo Capital Partners LLC owned approximately 0.10% of ProShares Ultra S&P500 worth $5,385,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Client First Investment Management LLC grew its position in shares of ProShares Ultra S&P500 by 15.9% during the 4th quarter. Client First Investment Management LLC now owns 388,008 shares of the real estate investment trust’s stock valued at $35,895,000 after acquiring an additional 53,310 shares during the period. Axxcess Wealth Management LLC lifted its stake in shares of ProShares Ultra S&P500 by 0.3% during the 3rd quarter. Axxcess Wealth Management LLC now owns 317,197 shares of the real estate investment trust’s stock valued at $28,602,000 after buying an additional 863 shares in the last quarter. Ridgepath Capital Management LLC lifted its stake in shares of ProShares Ultra S&P500 by 0.8% during the 4th quarter. Ridgepath Capital Management LLC now owns 315,299 shares of the real estate investment trust’s stock valued at $29,168,000 after buying an additional 2,472 shares in the last quarter. Spire Wealth Management lifted its stake in shares of ProShares Ultra S&P500 by 6.2% during the 4th quarter. Spire Wealth Management now owns 123,134 shares of the real estate investment trust’s stock valued at $11,391,000 after buying an additional 7,139 shares in the last quarter. Finally, IMC Chicago LLC purchased a new position in shares of ProShares Ultra S&P500 during the 4th quarter valued at $9,793,000.

ProShares Ultra S&P500 Stock Performance

SSO opened at $99.20 on Friday. ProShares Ultra S&P500 has a fifty-two week low of $68.75 and a fifty-two week high of $100.12. The firm’s fifty day moving average is $96.06 and its 200 day moving average is $91.47.

About ProShares Ultra S&P500

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.