3,690 Shares in ProShares Ultra S&P500 (NYSEARCA:SSO) Purchased by Redmont Wealth Advisors LLC

Redmont Wealth Advisors LLC acquired a new position in ProShares Ultra S&P500 (NYSEARCA:SSO) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 3,690 shares of the real estate investment trust’s stock, valued at approximately $240,000.

Other large investors also recently bought and sold shares of the company. Bank of America Corp DE lifted its position in shares of ProShares Ultra S&P500 by 158.7% during the 1st quarter. Bank of America Corp DE now owns 388 shares of the real estate investment trust’s stock valued at $25,000 after buying an additional 238 shares in the last quarter. Tennessee Valley Asset Management Partners purchased a new position in ProShares Ultra S&P500 in the 4th quarter worth approximately $26,000. Stonebridge Capital Advisors LLC lifted its holdings in ProShares Ultra S&P500 by 100.0% in the 1st quarter. Stonebridge Capital Advisors LLC now owns 500 shares of the real estate investment trust’s stock worth $33,000 after purchasing an additional 250 shares in the last quarter. Coppell Advisory Solutions Corp. purchased a new position in ProShares Ultra S&P500 in the 4th quarter worth approximately $43,000. Finally, PNC Financial Services Group Inc. lifted its holdings in ProShares Ultra S&P500 by 100.0% in the 1st quarter. PNC Financial Services Group Inc. now owns 846 shares of the real estate investment trust’s stock worth $56,000 after purchasing an additional 423 shares in the last quarter.

ProShares Ultra S&P500 Stock Down 1.8 %

NYSEARCA SSO traded down $1.26 during trading hours on Friday, reaching $69.07. The company’s stock had a trading volume of 3,639,652 shares, compared to its average volume of 3,721,446. The firm’s 50-day moving average price is $74.09 and its 200-day moving average price is $65.15. ProShares Ultra S&P500 has a 1 year low of $48.47 and a 1 year high of $77.96.

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.