Aurora Private Wealth Inc. acquired a new position in shares of ProShares Ultra S&P500 (NYSEARCA:SSO – Free Report) in the 4th quarter, Holdings Channel reports. The fund acquired 16,550 shares of the real estate investment trust’s stock, valued at approximately $959,000.
Several other institutional investors and hedge funds also recently modified their holdings of SSO. Howard Capital Management Inc. boosted its position in shares of ProShares Ultra S&P500 by 100.0% during the fourth quarter. Howard Capital Management Inc. now owns 13,775,520 shares of the real estate investment trust’s stock worth $797,878,000 after buying an additional 6,887,760 shares during the period. Assetmark Inc. boosted its position in shares of ProShares Ultra S&P500 by 110,080.6% during the third quarter. Assetmark Inc. now owns 6,635,078 shares of the real estate investment trust’s stock worth $743,991,000 after buying an additional 6,629,056 shares during the period. Main Street Group LTD boosted its position in shares of ProShares Ultra S&P500 by 101.6% during the fourth quarter. Main Street Group LTD now owns 1,207,033 shares of the real estate investment trust’s stock worth $69,911,000 after buying an additional 608,334 shares during the period. Goldman Sachs Group Inc. acquired a new position in shares of ProShares Ultra S&P500 during the first quarter worth about $41,524,000. Finally, Global View Capital Management LLC boosted its position in shares of ProShares Ultra S&P500 by 329.8% during the fourth quarter. Global View Capital Management LLC now owns 465,496 shares of the real estate investment trust’s stock worth $26,962,000 after buying an additional 357,202 shares during the period.
ProShares Ultra S&P500 Price Performance
SSO stock opened at $63.31 on Friday. The stock has a market capitalization of $7.32 billion, a P/E ratio of 24.25 and a beta of 2.01. The business has a 50-day moving average of $56.61 and a 200-day moving average of $57.49. ProShares Ultra S&P500 has a fifty-two week low of $39.89 and a fifty-two week high of $64.06.
More ProShares Ultra S&P500 News
- Positive Sentiment: S&P 500 extended its longest weekly winning streak since late 2024 after strong tech earnings, supporting momentum for SSO because continued index gains translate into amplified ETF returns. S&P 500 Extends Longest Weekly Winning Streak Since Late 2024
- Positive Sentiment: Analysts pushed S&P 500 earnings expectations higher after a week of megacap results, implying stronger fundamental backing for the index — a bullish input for SSO if earnings-driven rallies continue. S&P 500 profit eyes sharpest quarterly growth in four years after Big Tech results
- Positive Sentiment: Investor sentiment measures and April’s strong monthly performance (S&P closing at fresh highs) indicate risk-on positioning — favorable for leveraged long exposures like SSO in the near term. S&P 500 Settles Above 7,200: Investor Sentiment Improves, Fear Index Remains In ‘Greed’ Zone
- Neutral Sentiment: Index-providers reconsidering rules ahead of big IPOs (SpaceX, OpenAI) could change S&P composition down the road; that’s a structural factor to monitor but not an immediate driver for SSO’s daily performance. SpaceX and OpenAI Stocks in the S&P 500? It May Happen Sooner Than You Think.
- Negative Sentiment: Geopolitical tensions and oil-price volatility remain unresolved — these can trigger market pullbacks and increase SSO downside risk because the ETF magnifies intraday declines. Markets shrug off oil volatility to end April at record high
- Negative Sentiment: Comments from a Fed chair nominee favoring a smaller Fed balance sheet raise the risk of tighter financial conditions if the Fed pursues balance-sheet reduction — a potential headwind for equities and leveraged ETFs like SSO. Stock Market Investors Just Got Bad News From Fed Chair Nominee Kevin Warsh
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. Index Committee through a non-mechanical process that factors criteria, such as liquidity, price, market capitalization and financial viability.
Featured Articles
Want to see what other hedge funds are holding SSO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ProShares Ultra S&P500 (NYSEARCA:SSO – Free Report).
Receive News & Ratings for ProShares Ultra S&P500 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares Ultra S&P500 and related companies with MarketBeat.com's FREE daily email newsletter.
