Brookstone Capital Management lifted its position in ProShares Ultra S&P500 (NYSEARCA:SSO – Free Report) by 165.5% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 260,435 shares of the real estate investment trust’s stock after acquiring an additional 162,340 shares during the period. Brookstone Capital Management’s holdings in ProShares Ultra S&P500 were worth $15,084,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently modified their holdings of SSO. Assetmark Inc. grew its holdings in 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 purchasing an additional 6,629,056 shares during the period. Goldman Sachs Group Inc. bought a new position in ProShares Ultra S&P500 in the 1st quarter valued at about $41,524,000. Global View Capital Management LLC raised its holdings in ProShares Ultra S&P500 by 329.8% in the 4th quarter. Global View Capital Management LLC now owns 465,496 shares of the real estate investment trust’s stock valued at $26,962,000 after acquiring an additional 357,202 shares during the period. Pinkerton Wealth LLC acquired a new stake in ProShares Ultra S&P500 during the 2nd quarter worth approximately $29,677,000. Finally, Revere Asset Management Inc bought a new position in ProShares Ultra S&P500 during the 3rd quarter worth $32,485,000.
ProShares Ultra S&P500 Stock Performance
Shares of ProShares Ultra S&P500 stock opened at $51.88 on Wednesday. The firm has a 50-day moving average of $56.67 and a 200-day moving average of $57.08. ProShares Ultra S&P500 has a 52-week low of $30.42 and a 52-week high of $60.37. The stock has a market cap of $6.83 billion, a PE ratio of 24.25 and a beta of 2.01.
ProShares Ultra S&P500 Cuts Dividend
ProShares Ultra S&P500 News Roundup
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 Company 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.
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