Rezny Wealth Management Inc. Makes New $223,000 Investment in ProShares Ultra S&P500 (NYSEARCA:SSO)

Rezny Wealth Management Inc. acquired a new position in shares of ProShares Ultra S&P500 (NYSEARCA:SSO) in the 2nd quarter, according to its most recent filing with the SEC. The fund acquired 1,772 shares of the real estate investment trust’s stock, valued at approximately $223,000. ProShares Ultra S&P500 makes up 0.1% of Rezny Wealth Management Inc.’s holdings, making the stock its 12th largest position.

Several other hedge funds also recently bought and sold shares of SSO. Tuttle Tactical Management purchased a new stake in shares of ProShares Ultra S&P500 in the first quarter valued at approximately $25,782,000. Belpointe Asset Management LLC grew its position in shares of ProShares Ultra S&P500 by 242.1% in the first quarter. Belpointe Asset Management LLC now owns 204,393 shares of the real estate investment trust’s stock valued at $11,712,000 after purchasing an additional 144,643 shares in the last quarter. TTP Investments Inc. purchased a new stake in shares of ProShares Ultra S&P500 in the first quarter valued at approximately $8,552,000. Private Wealth Group LLC purchased a new stake in shares of ProShares Ultra S&P500 in the first quarter valued at approximately $6,710,000. Finally, Cedar Capital LLC grew its position in shares of ProShares Ultra S&P500 by 84.2% in the first quarter. Cedar Capital LLC now owns 49,629 shares of the real estate investment trust’s stock valued at $5,846,000 after purchasing an additional 22,684 shares in the last quarter.

Shares of SSO stock traded down $1.64 during trading hours on Friday, reaching $125.24. The company had a trading volume of 2,464,753 shares, compared to its average volume of 1,510,114. The stock has a fifty day simple moving average of $128.68. ProShares Ultra S&P500 has a 12-month low of $81.39 and a 12-month high of $133.46.

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.

Further Reading: Roth IRA

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

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