Chicago Partners Investment Group LLC increased its holdings in shares of ProShares Ultra S&P500 (NYSEARCA:SSO – Free Report) by 100.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 18,605 shares of the real estate investment trust’s stock after buying an additional 9,320 shares during the period. Chicago Partners Investment Group LLC’s holdings in ProShares Ultra S&P500 were worth $1,096,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Howard Capital Management Inc. increased its holdings in ProShares Ultra S&P500 by 100.0% in the fourth quarter. Howard Capital Management Inc. now owns 13,775,520 shares of the real estate investment trust’s stock valued at $797,878,000 after purchasing an additional 6,887,760 shares during the period. Assetmark Inc. grew its position in shares of ProShares Ultra S&P500 by 110,080.6% in 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 during the last quarter. Main Street Group LTD increased its stake in shares of ProShares Ultra S&P500 by 101.6% in the fourth quarter. Main Street Group LTD now owns 1,207,033 shares of the real estate investment trust’s stock valued at $69,911,000 after buying an additional 608,334 shares during the period. Goldman Sachs Group Inc. bought 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 raised 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 acquiring an additional 357,202 shares during the last quarter.
ProShares Ultra S&P500 News Summary
Here are the key news stories impacting ProShares Ultra S&P500 this week:
- Positive Sentiment: S&P 500 and Nasdaq reached record highs, fueled by a semiconductor rally led by Intel — a direct tailwind for SSO since it seeks 2x daily exposure to the S&P 500. Read More. Read More.
- Positive Sentiment: Major bank commentary (JPMorgan) says the rally may have further to run, supporting continuation in index gains that benefit SSO. Read More.
- Positive Sentiment: Improving geopolitical sentiment (talks/ceasefire developments involving Iran and extensions of regional ceasefires) has reduced risk-off pressure, supporting equity demand and leveraged long ETFs. Read More.
- Neutral Sentiment: SSO is a 2x leveraged product (beta ~2.0) — it will amplify index moves both up and down; intraday/multi-day volatility is higher than an unlevered S&P product. No link.
- Neutral Sentiment: Trading volume today is slightly below the 50-day average and the fund sits near its 1-year high, which can affect liquidity and short-term trading behavior. No link.
- Negative Sentiment: Short interest climbed sharply in April (up ~41% to ~2.84M shares; ~2.4% of shares shorted). That increase could add selling pressure if shorts accelerate, although a low days-to-cover (~0.6 days) limits squeeze risk. No link.
- Negative Sentiment: Analysts warn parts of the market are overbought and momentum is stretched; crowded long positions in growth/tech increase the risk of a sharp mean-reversion, which would be amplified in SSO. Read More.
ProShares Ultra S&P500 Price Performance
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.
See Also
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