ProShares Ultra S&P500 (NYSEARCA:SSO) Share Price Pass Above 200-Day Moving Average – Should You Sell?

Posted by ABMN Staff on Feb 24th, 2026

ProShares Ultra S&P500 (NYSEARCA:SSO – Get Free Report)’s stock price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $56.68 and traded as high as $58.70. ProShares Ultra S&P500 shares last traded at $57.43, with a volume of 5,515,056 shares traded.

ProShares Ultra S&P500 Stock Down 2.1%

The stock has a market capitalization of $7.56 billion, a PE ratio of 24.25 and a beta of 2.01. The stock has a fifty day moving average of $58.68 and a 200-day moving average of $56.68.

Hedge Funds Weigh In On ProShares Ultra S&P500

A number of institutional investors and hedge funds have recently made changes to their positions in SSO. Main Street Group LTD raised its stake in ProShares Ultra S&P500 by 3.1% during the 3rd quarter. Main Street Group LTD now owns 598,699 shares of the real estate investment trust’s stock valued at $67,132,000 after acquiring an additional 17,929 shares during the last quarter. Howard Capital Management Inc. purchased a new position in shares of ProShares Ultra S&P500 in the 2nd quarter valued at approximately $681,531,000. Stephens Inc. AR acquired a new position in shares of ProShares Ultra S&P500 in the second quarter valued at approximately $210,000. TFB Advisors LLC purchased a new stake in shares of ProShares Ultra S&P500 during the third quarter worth approximately $5,834,000. Finally, Claro Advisors LLC raised its stake in shares of ProShares Ultra S&P500 by 17.2% during the second quarter. Claro Advisors LLC now owns 3,047 shares of the real estate investment trust’s stock worth $298,000 after purchasing an additional 447 shares during the last quarter.

ProShares Ultra S&P500 Company Profile

(Get Free Report)

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.