Ridgepath Capital Expands ProShares ETF Positions Q1
Ridgepath Capital Management LLC reported multiple positions in ProShares and related ETFs in its latest 13F filings, adjusting several themes in its first-quarter activity. The firm increased its stake in ProShares Ultra S&P500 (SSO) by 4.1%, expanding to 370,104 shares valued at about $19.2 million, making SSO its second-biggest holding. It also opened a new sizable position in ProShares UltraPro Short Russell 2000 (SRTY) with 140,619 shares worth roughly $5.6 million, representing about 2.8% of its portfolio. In JPMorgan Ultra-Short Income ETF (JPST), Ridgepath raised its stake by 214.7% to 938,877 shares, the largest component of roughly 23.6% of its portfolio worth about $47.5 million. The firm trimmed its exposure to ProShares UltraPro S&P 500 (UPRO) by 18.6%, holding 169,217 shares. Additionally, Ridgepath boosted its position in ProShares UltraPro QQQ (TQQQ) by 285.4% to 175,735 shares, making it its seventh-largest holding at about $7.3 million. These moves illustrate a diversified tilt across long and inverse/leveraged equity strategies within its ETF slate, alongside active rotation among core growth alternatives.
