Meridian Wealth Management LLC Purchases 16,637 Shares of ProShares Ultra S&P500 $SSO

Meridian Wealth Management LLC boosted its position in ProShares Ultra S&P500 (NYSEARCA:SSO) by 96.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 33,824 shares of the real estate investment trust’s stock after purchasing an additional 16,637 shares during the quarter. Meridian Wealth Management LLC’s holdings in ProShares Ultra S&P500 were worth $1,959,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. CPR Investments Inc. boosted its holdings in ProShares Ultra S&P500 by 285.8% in the fourth quarter. CPR Investments Inc. now owns 15,351 shares of the real estate investment trust’s stock worth $891,000 after acquiring an additional 11,372 shares in the last quarter. Global View Capital Management LLC boosted its holdings in ProShares Ultra S&P500 by 329.8% in 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 in the last quarter. Berger Financial Group Inc boosted its holdings in ProShares Ultra S&P500 by 98.6% in the fourth quarter. Berger Financial Group Inc now owns 22,730 shares of the real estate investment trust’s stock worth $1,317,000 after acquiring an additional 11,286 shares in the last quarter. Arta Finance Wealth Management LLC bought a new stake in ProShares Ultra S&P500 in the fourth quarter worth $8,491,000. Finally, Marshall Financial Group LLC boosted its holdings in ProShares Ultra S&P500 by 64.1% in the fourth quarter. Marshall Financial Group LLC now owns 104,822 shares of the real estate investment trust’s stock worth $6,071,000 after acquiring an additional 40,962 shares in the last quarter.

ProShares Ultra S&P500 Trading Down 0.3%

ProShares Ultra S&P500 stock opened at $66.33 on Wednesday. The business’s fifty day simple moving average is $57.49 and its two-hundred day simple moving average is $57.92. ProShares Ultra S&P500 has a 12 month low of $42.53 and a 12 month high of $66.80. The company has a market capitalization of $7.66 billion, a price-to-earnings ratio of 24.25 and a beta of 2.01.

Key Headlines Impacting ProShares Ultra S&P500

Here are the key news stories impacting ProShares Ultra S&P500 this week:

• Positive Sentiment: The S&P 500 continues to trade at record highs, lifting leveraged index products like SSO as investors stay in a risk-on mode. S&P 500 Settles Above 7,400: Investor Sentiment Improves Slightly, Fear Index Remains In ‘Greed’ Zone
• Positive Sentiment: HSBC raised its year-end S&P 500 outlook, citing resilient corporate earnings and continued strength in AI-related technology stocks, which is supportive for SSO. Banking giant updates S&P 500 target for end of 2026
• Positive Sentiment: SSO reached a new 12-month high, signaling strong technical momentum and continued buying interest. ProShares Ultra S&P500 (NYSEARCA:SSO) Reaches New 12-Month High – Time to Buy?
• Positive Sentiment: Short interest in SSO fell sharply in April, suggesting less bearish positioning and potentially less pressure on the ETF.
• Neutral Sentiment: Some market commentary is warning that the S&P 500 may now be a portfolio risk after its strong run, which could temper enthusiasm but does not yet show a clear reversal. Is the S&P 500 Now Your Portfolio’s Biggest Risk?
• Neutral Sentiment: Geopolitical tensions and oil-price volatility have created a more cautious backdrop for equities, although the market has so far held up well. S&P 500 set for muted open as Trump brands Iran offer ‘totally unacceptable’

ProShares Ultra S&P500 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.