Rollins Financial Advisors LLC increased its stake in ProShares Ultra S&P500 (NYSEARCA:SSO – Free Report) by 111.6% in the fourth quarter, HoldingsChannel.com reports. The firm owned 29,822 shares of the real estate investment trust’s stock after acquiring an additional 15,728 shares during the quarter. Rollins Financial Advisors LLC’s holdings in ProShares Ultra S&P500 were worth $1,727,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently made changes to their positions in SSO. Global Retirement Partners LLC purchased a new stake in ProShares Ultra S&P500 during the third quarter worth about $37,000. Park Square Financial Group LLC purchased a new position in ProShares Ultra S&P500 in the third quarter valued at about $47,000. Corsicana & Co. increased its holdings in ProShares Ultra S&P500 by 100.0% in the fourth quarter. Corsicana & Co. now owns 920 shares of the real estate investment trust’s stock valued at $53,000 after buying an additional 460 shares in the last quarter. Abound Wealth Management lifted its position in shares of ProShares Ultra S&P500 by 100.0% during the 4th quarter. Abound Wealth Management now owns 1,066 shares of the real estate investment trust’s stock valued at $62,000 after acquiring an additional 533 shares during the period. Finally, Winnow Wealth LLC acquired a new stake in shares of ProShares Ultra S&P500 during the 3rd quarter valued at approximately $69,000.
ProShares Ultra S&P500 Price Performance
Shares of NYSEARCA:SSO opened at $66.33 on Wednesday. The firm has a market capitalization of $7.66 billion, a price-to-earnings ratio of 24.25 and a beta of 2.01. The business’s 50 day simple moving average is $57.49 and its 200-day simple moving average is $57.92. ProShares Ultra S&P500 has a 12 month low of $42.53 and a 12 month high of $66.80.
Key ProShares Ultra S&P500 News
- Positive Sentiment: The S&P 500 continues to trade at record highs, lifting leveraged index products like SSO as investors stay in a risk-on mode. S&P 500 Settles Above 7,400: Investor Sentiment Improves Slightly, Fear Index Remains In ‘Greed’ Zone
- Positive Sentiment: HSBC raised its year-end S&P 500 outlook, citing resilient corporate earnings and continued strength in AI-related technology stocks, which is supportive for SSO. Banking giant updates S&P 500 target for end of 2026
- Positive Sentiment: SSO reached a new 12-month high, signaling strong technical momentum and continued buying interest. ProShares Ultra S&P500 (NYSEARCA:SSO) Reaches New 12-Month High – Time to Buy?
- Positive Sentiment: Short interest in SSO fell sharply in April, suggesting less bearish positioning and potentially less pressure on the ETF.
- Neutral Sentiment: Some market commentary is warning that the S&P 500 may now be a portfolio risk after its strong run, which could temper enthusiasm but does not yet show a clear reversal. Is the S&P 500 Now Your Portfolio’s Biggest Risk?
- Neutral Sentiment: Geopolitical tensions and oil-price volatility have created a more cautious backdrop for equities, although the market has so far held up well. S&P 500 set for muted open as Trump brands Iran offer ‘totally unacceptable’
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.
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