JPMorgan Chase & Co. Boosts Holdings in ProShares Ultra S&P500 $SSO

JPMorgan Chase & Co. raised its position in ProShares Ultra S&P500 (NYSEARCA:SSO) by 24.6% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 52,719 shares of the real estate investment trust’s stock after purchasing an additional 10,403 shares during the period. JPMorgan Chase & Co.’s holdings in ProShares Ultra S&P500 were worth $5,911,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in SSO. Assetmark Inc. raised its holdings in shares of ProShares Ultra S&P500 by 110,080.6% during the 3rd quarter. Assetmark Inc. now owns 6,635,078 shares of the real estate investment trust’s stock valued at $743,991,000 after buying an additional 6,629,056 shares in the last quarter. Goldman Sachs Group Inc. purchased a new stake in ProShares Ultra S&P500 in the first quarter worth approximately $41,524,000. Pinkerton Wealth LLC purchased a new stake in ProShares Ultra S&P500 in the second quarter worth approximately $29,677,000. Revere Asset Management Inc bought a new position in ProShares Ultra S&P500 during the third quarter valued at approximately $32,485,000. Finally, Ascent Group LLC bought a new position in ProShares Ultra S&P500 during the third quarter valued at approximately $9,495,000.

Key ProShares Ultra S&P500 News

Here are the key news stories impacting ProShares Ultra S&P500 this week:

• Positive Sentiment: U.S. stock futures jumped after comments suggesting a possible route to de‑escalation in the Iran conflict, lifting risk appetite and boosting S&P 500‑linked ETFs like SSO. Stock Market Today: S&P 500, Dow Futures Jump As Trump Hints At Ending Iran War
• Positive Sentiment: Additional headlines (and futures updates) indicated growing hopes for a diplomatic path, prompting short‑covering and lifts in benchmark futures that buoy leveraged S&P exposure. Stock Market Today: S&P 500, Dow Futures Gain As Trump Calls Iran’s New Leaders ‘Very Reasonable’
• Positive Sentiment: Reports that commentators/analysts were forecasting a possible recovery if peace signals hold added to risk‑on flows into index products. NASDAQ, Dow Jones and S&P 500 Forecasts – US Indices Trying to Recover on Monday
• Neutral Sentiment: Barron’s pieces debating “buy the dip” and listing best/worst S&P names reflect divergent views — supportive for tactical buyers but mixed for longer‑term conviction; leveraged funds like SSO can amplify both outcomes. S&P 500 Nears Correction Territory. Wall Street Debates Buying the Dip. These Were the Best and Worst S&P 500 Stocks During the First Quarter
• Neutral Sentiment: Technical analysis notes and post‑expiration option dynamics may be accentuating recent volatility in the S&P and therefore in SSO. S&P 500 Levels to Watch Amid Dow, Nasdaq Correction
• Negative Sentiment: Major outlets report the S&P 500 is on pace for its worst quarter since 2022 amid inflation, rate worries and the Iran war — broad sell‑off pressure is a headwind for SSO once risk sentiment reverses. S&P 500 heads for worst quarter since 2022 as Iran war, rate worries rattle Wall Street
• Negative Sentiment: Rising oil prices and fading hopes for a quick end to the Iran conflict increase recession and inflation fears, pressuring equities and leveraged long products like SSO. S&P 500 Falters and Oil Rises After Hopes Fade for a Quick End to Iran Conflict
• Negative Sentiment: An analyst warned the S&P could fall further into correction territory, which would magnify losses for 2x long funds like SSO if downside continues. S&P 500 could fall to 6,150: analyst explains how to play the dip

ProShares Ultra S&P500 Stock Performance

SSO stock opened at $51.88 on Wednesday. The company has a market capitalization of $6.83 billion, a PE ratio of 24.25 and a beta of 2.01. ProShares Ultra S&P500 has a one year low of $30.42 and a one year high of $60.37. The company’s 50 day moving average price is $56.67 and its two-hundred day moving average price is $57.08.

ProShares Ultra S&P500 Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Wednesday, March 25th were given a $0.1138 dividend. This represents a $0.46 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date was Wednesday, March 25th.

ProShares Ultra S&P500 Profile

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. Index Committee through a non-mechanical process that factors criteria, such as liquidity, price, market capitalization and financial viability.