ProShares Ultra S&P500 (NYSEARCA:SSO) Stock Holdings Cut by Kovack Advisors Inc.
Kovack Advisors Inc. lowered its stake in shares of ProShares Ultra S&P500 (NYSEARCA:SSO) by 34.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,193 shares of the real estate investment trust’s stock after selling 1,139 shares during the quarter. Kovack Advisors Inc.’s holdings in ProShares Ultra S&P500 were worth $282,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently bought and sold shares of SSO. Piershale Financial Group Inc. boosted its position in ProShares Ultra S&P500 by 10.6% in the third quarter. Piershale Financial Group Inc. now owns 169,945 shares of the real estate investment trust’s stoc ...