ProShares Ultra S&P500 (NYSEARCA:SSO) Sees Unusually-High Trading Volume – Here’s Why

Posted by Paula Ricardo on Mar 7th, 2025

ProShares Ultra S&P500 (NYSEARCA:SSO – Get Free Report) shares saw an uptick in trading volume on Wednesday . 8,657,116 shares changed hands during trading, an increase of 219% from the previous session’s volume of 2,713,186 shares.The stock last traded at $89.09 and had previously closed at $88.43.

ProShares Ultra S&P500 Stock Up 1.0 %

The firm has a market capitalization of $5.41 billion, a price-to-earnings ratio of 26.71 and a beta of 2.04. The business has a 50-day moving average of $95.27 and a two-hundred day moving average of $92.89.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. BNP Paribas Financial Markets bought a new position in shares of ProShares Ultra S&P500 in the third quarter valued at approximately $48,000. Compass Planning Associates Inc bought a new position in shares of ProShares Ultra S&P500 in the fourth quarter valued at approximately $56,000. Johnson Financial Group Inc. raised its stake in shares of ProShares Ultra S&P500 by 92.1% in the fourth quarter. Johnson Financial Group Inc. now owns 680 shares of the real estate investment trust’s stock valued at $66,000 after acquiring an additional 326 shares during the last quarter. Abound Wealth Management raised its stake in shares of ProShares Ultra S&P500 by 46.7% in the fourth quarter. Abound Wealth Management now owns 782 shares of the real estate investment trust’s stock valued at $72,000 after acquiring an additional 249 shares during the last quarter. Finally, Physician Wealth Advisors Inc. bought a new position in shares of ProShares Ultra S&P500 in the fourth quarter valued at approximately $123,000.

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.