Toth Financial Advisory Corp purchased a new stake in shares of ProShares Ultra S&P500 (NYSEARCA:SSO – Free Report) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 229,281 shares of the real estate investment trust’s stock, valued at approximately $15,896,000. ProShares Ultra S&P500 comprises approximately 1.6% of Toth Financial Advisory Corp’s holdings, making the stock its 14th largest position.
Several other institutional investors have also added to or reduced their stakes in the company. Client First Investment Management LLC raised its holdings in shares of ProShares Ultra S&P500 by 361.3% during the 2nd quarter. Client First Investment Management LLC now owns 544,551 shares of the real estate investment trust’s stock worth $36,692,000 after acquiring an additional 426,494 shares in the last quarter. Ridgepath Capital Management LLC grew its holdings in shares of ProShares Ultra S&P500 by 4.1% in the first quarter. Ridgepath Capital Management LLC now owns 370,104 shares of the real estate investment trust’s stock valued at $19,201,000 after purchasing an additional 14,667 shares in the last quarter. Asset Management Group Inc. increased its position in ProShares Ultra S&P500 by 94.1% in the fourth quarter. Asset Management Group Inc. now owns 287,438 shares of the real estate investment trust’s stock worth $16,648,000 after purchasing an additional 139,387 shares during the last quarter. Portfolio Design Labs LLC increased its position in ProShares Ultra S&P500 by 129.6% in the fourth quarter. Portfolio Design Labs LLC now owns 235,276 shares of the real estate investment trust’s stock worth $13,627,000 after purchasing an additional 132,788 shares during the last quarter. Finally, Arta Finance Wealth Management LLC increased its position in ProShares Ultra S&P500 by 26.6% in the first quarter. Arta Finance Wealth Management LLC now owns 185,528 shares of the real estate investment trust’s stock worth $9,625,000 after purchasing an additional 38,926 shares during the last quarter.
ProShares Ultra S&P500 Stock Down 1.3%
ProShares Ultra S&P500 stock traded down $0.94 during mid-day trading on Thursday, reaching $70.98. 1,496,969 shares of the company’s stock traded hands, compared to its average volume of 3,898,053. ProShares Ultra S&P500 has a 12-month low of $48.63 and a 12-month high of $72.80. The stock has a 50 day moving average of $70.28 and a two-hundred day moving average of $65.94. The company has a market cap of $8.81 billion, a price-to-earnings ratio of 24.25 and a beta of 2.01.
Key Stories 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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