Tennessee Valley Asset Management Partners Makes New Investment in ProShares Ultra S&P500 (NYSEARCA:SSO)

Tennessee Valley Asset Management Partners bought a new position in shares of ProShares Ultra S&P500 (NYSEARCA:SSO) during the 4th quarter, according to its most recent 13F filing with the SEC. The fund bought 404 shares of the real estate investment trust’s stock, valued at approximately $26,000.

Other institutional investors also recently made changes to their positions in the company. Anchor Investment Management LLC purchased a new stake in shares of ProShares Ultra S&P500 in the 4th quarter worth about $65,000. Modera Wealth Management LLC purchased a new stake in shares of ProShares Ultra S&P500 in the 3rd quarter worth about $184,000. Wealthsource Partners LLC purchased a new stake in shares of ProShares Ultra S&P500 in the 4th quarter worth about $229,000. Cerity Partners LLC purchased a new stake in shares of ProShares Ultra S&P500 in the 4th quarter worth about $231,000. Finally, Quantbot Technologies LP purchased a new stake in shares of ProShares Ultra S&P500 in the 3rd quarter worth about $237,000.

ProShares Ultra S&P500 Trading Down 0.1 %

ProShares Ultra S&P500 stock opened at $71.95 on Thursday. ProShares Ultra S&P500 has a 52 week low of $48.47 and a 52 week high of $77.96. The firm’s 50-day simple moving average is $74.09 and its 200 day simple moving average is $65.74.

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.