Arlington Capital Management Inc. Acquires Shares of 13,535 ProShares Ultra S&P500 (NYSEARCA:SSO)

Arlington Capital Management Inc. bought a new position in shares of ProShares Ultra S&P500 (NYSEARCA:SSO) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 13,535 shares of the real estate investment trust’s stock, valued at approximately $1,252,000. ProShares Ultra S&P500 accounts for about 0.9% of Arlington Capital Management Inc.’s investment portfolio, making the stock its 26th biggest position.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Global View Capital Management LLC acquired a new position in shares of ProShares Ultra S&P500 in the 4th quarter valued at approximately $10,406,000. IMC Chicago LLC bought a new position in ProShares Ultra S&P500 in the fourth quarter valued at approximately $9,793,000. Exchange Traded Concepts LLC acquired a new position in ProShares Ultra S&P500 during the fourth quarter valued at approximately $6,711,000. Kingswood Wealth Advisors LLC lifted its stake in ProShares Ultra S&P500 by 563.4% during the fourth quarter. Kingswood Wealth Advisors LLC now owns 72,247 shares of the real estate investment trust’s stock worth $6,684,000 after purchasing an additional 61,356 shares during the last quarter. Finally, Client First Investment Management LLC boosted its holdings in shares of ProShares Ultra S&P500 by 15.9% in 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 purchasing an additional 53,310 shares in the last quarter.

ProShares Ultra S&P500 Stock Up 0.4 %

NYSEARCA:SSO opened at $87.95 on Wednesday. The firm has a market capitalization of $4.83 billion, a PE ratio of 22.99 and a beta of 2.06. ProShares Ultra S&P500 has a twelve month low of $68.75 and a twelve month high of $100.29. The stock’s 50-day simple moving average is $93.09 and its 200 day simple moving average is $92.93.

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.