TTP Investments Inc. Purchases Shares of 72,596 ProShares Ultra S&P500 (NYSEARCA:SSO)

TTP Investments Inc. purchased a new position in shares of ProShares Ultra S&P500 (NYSEARCA:SSO) in the first quarter, HoldingsChannel reports. The institutional investor purchased 72,596 shares of the real estate investment trust’s stock, valued at approximately $8,552,000. ProShares Ultra S&P500 accounts for 10.9% of TTP Investments Inc.’s portfolio, making the stock its 4th largest position.

A number of other institutional investors have also made changes to their positions in the stock. Fifth Third Bancorp purchased a new stake in ProShares Ultra S&P500 during the 1st quarter worth $26,000. Commonwealth Equity Services LLC purchased a new stake in ProShares Ultra S&P500 during the 1st quarter worth $201,000. CIBC Private Wealth Group LLC purchased a new stake in ProShares Ultra S&P500 during the 1st quarter worth $555,000. Envestnet Asset Management Inc. boosted its position in ProShares Ultra S&P500 by 4.1% during the 1st quarter. Envestnet Asset Management Inc. now owns 17,179 shares of the real estate investment trust’s stock worth $2,024,000 after purchasing an additional 676 shares during the period. Finally, Tuttle Tactical Management purchased a new stake in ProShares Ultra S&P500 during the 1st quarter worth $25,782,000.

ProShares Ultra S&P500 stock traded down $0.43 during trading on Friday, reaching $121.94. 687,797 shares of the company’s stock were exchanged, compared to its average volume of 1,605,118. ProShares Ultra S&P500 has a 52-week low of $81.39 and a 52-week 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.

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Want to see what other hedge funds are holding SSO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ProShares Ultra S&P500 (NYSEARCA:SSO).

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

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