Toth Financial Advisory Corp bought a new stake in ProShares Ultra S&P500 (NYSEARCA:SSO – Free Report) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 229,281 shares of the real estate investment trust’s stock, valued at approximately $15,896,000. ProShares Ultra S&P500 accounts for 1.6% of Toth Financial Advisory Corp’s investment portfolio, making the stock its 14th biggest holding. Toth Financial Advisory Corp owned approximately 0.18% of ProShares Ultra S&P500 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds also recently made changes to their positions in the company. World Equity Group Inc. raised its stake in ProShares Ultra S&P500 by 5.8% during the 1st quarter. World Equity Group Inc. now owns 4,712 shares of the real estate investment trust’s stock valued at $245,000 after purchasing an additional 258 shares during the period. Physician Wealth Advisors Inc. boosted its stake in ProShares Ultra S&P500 by 10.6% in the 1st quarter. Physician Wealth Advisors Inc. now owns 3,633 shares of the real estate investment trust’s stock worth $188,000 after purchasing an additional 348 shares during the period. EverSource Wealth Advisors LLC grew its holdings in ProShares Ultra S&P500 by 10.5% during the 1st quarter. EverSource Wealth Advisors LLC now owns 3,972 shares of the real estate investment trust’s stock valued at $206,000 after buying an additional 377 shares in the last quarter. Arkadios Wealth Advisors grew its holdings in ProShares Ultra S&P500 by 12.3% during the 1st quarter. Arkadios Wealth Advisors now owns 4,578 shares of the real estate investment trust’s stock valued at $238,000 after buying an additional 500 shares in the last quarter. Finally, Koshinski Asset Management Inc. raised its position in shares of ProShares Ultra S&P500 by 1.2% during the first quarter. Koshinski Asset Management Inc. now owns 45,071 shares of the real estate investment trust’s stock valued at $2,338,000 after buying an additional 513 shares during the last quarter.
ProShares Ultra S&P500 Stock Performance
Shares of ProShares Ultra S&P500 stock traded down $0.94 on Thursday, hitting $70.98. 1,496,969 shares of the company traded hands, compared to its average volume of 3,898,053. ProShares Ultra S&P500 has a 52 week low of $48.63 and a 52 week high of $72.80. The business has a 50-day simple moving average of $70.28 and a 200 day simple moving average of $65.94. The stock has a market capitalization of $8.81 billion, a P/E ratio of 24.25 and a beta of 2.01.
Key Headlines Impacting ProShares Ultra S&P500
- Positive Sentiment: Third-quarter earnings expectations remain a significant support for the S&P 500. Deutsche Bank forecasts 34% year-over-year earnings growth, above the 27% consensus, while broader estimates call for nearly 30% growth. Continued AI demand and a cyclical recovery could support further index gains and benefit SSO. Deutsche Bank sees S&P 500 earnings growth holding at record in Q3 Here comes third-quarter earnings season
- Positive Sentiment: Optimistic strategists argue that historically favorable seasonal trends, valuation based on the PEG ratio and strong corporate profits could push the S&P 500 toward 10,000 in 2027. Recent record highs also indicate strong momentum, although past performance is not a guarantee. Prediction: The S&P 500 Will Hit 10,000 in 2027
- Neutral Sentiment: The index’s rally has become increasingly concentrated: Nvidia, Apple and Microsoft account for roughly 21% of the S&P 500. This concentration has powered gains but increases SSO’s vulnerability if a small group of megacap technology stocks reverses. Three Stocks Are Now 21% of the S&P 500
- Negative Sentiment: Near-term trading is pressured by slightly lower U.S. stock futures, hawkish inflation survey data and rising Treasury yields. Reports that the Pentagon is preparing for possible military action against Iran add geopolitical and oil-price risk. Stock Market: Will S&P 500 Open Up or Down Today?
- Negative Sentiment: One strategist warns that the AI investment boom could lose momentum in 2027, potentially sending the S&P 500 toward 5,000. That warning highlights substantial downside risk for SSO, whose daily leverage would magnify a broad market selloff. AI bubble could burst in 2027
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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