Sollinda Capital Management LLC Sells 6,235 Shares of ProShares UltraPro S&P 500 $UPRO

Sollinda Capital Management LLC lowered its stake in shares of ProShares UltraPro S&P 500 (NYSEARCA:UPRO) by 50.2% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 6,197 shares of the company’s stock after selling 6,235 shares during the quarter. Sollinda Capital Management LLC’s holdings in ProShares UltraPro S&P 500 were worth $717,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in UPRO. EverSource Wealth Advisors LLC raised its position in ProShares UltraPro S&P 500 by 142.5% during the third quarter. EverSource Wealth Advisors LLC now owns 22,613 shares of the company’s stock valued at $2,521,000 after purchasing an additional 13,288 shares in the last quarter. Encompass More Asset Management raised its holdings in shares of ProShares UltraPro S&P 500 by 190.6% during the 3rd quarter. Encompass More Asset Management now owns 33,061 shares of the company’s stock valued at $3,686,000 after buying an additional 21,686 shares in the last quarter. Diversified Trust Co bought a new stake in ProShares UltraPro S&P 500 in the 3rd quarter worth approximately $5,574,000. Surience Private Wealth LLC bought a new stake in ProShares UltraPro S&P 500 in the 3rd quarter worth approximately $903,000. Finally, Ridgepath Capital Management LLC boosted its stake in ProShares UltraPro S&P 500 by 13.4% in the third quarter. Ridgepath Capital Management LLC now owns 207,947 shares of the company’s stock worth $23,184,000 after buying an additional 24,606 shares in the last quarter.

ProShares UltraPro S&P 500 Price Performance

Shares of NYSEARCA UPRO opened at $89.29 on Tuesday. ProShares UltraPro S&P 500 has a one year low of $45.88 and a one year high of $122.85. The firm’s 50 day simple moving average is $111.79 and its two-hundred day simple moving average is $113.51. The stock has a market capitalization of $3.52 billion, a P/E ratio of 28.62 and a beta of 3.03.

ProShares UltraPro S&P 500 Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Wednesday, March 25th will be paid a $0.2225 dividend. The ex-dividend date of this dividend is Wednesday, March 25th. This represents a $0.89 dividend on an annualized basis and a dividend yield of 1.0%.

More ProShares UltraPro S&P 500 News

Here are the key news stories impacting ProShares UltraPro S&P 500 this week:

• Positive Sentiment: Stock futures jumped on reports that steps toward ending the Iran conflict could be possible, providing an intraday lift to the S&P 500 and offering short-term support for leveraged ETFs like UPRO. Stock Market Today: S&P 500, Dow Futures Jump As Trump Hints At Ending Iran War…
• Positive Sentiment: Earlier headlines that U.S. futures rose as comments suggested diplomatic openings helped lift sentiment, which can trigger short-covering in leveraged long ETFs and blunt losses. Stock Market Today: S&P 500, Dow Futures Gain As Trump Calls Iran’s New Leaders ‘Very Reasonable’
• Positive Sentiment: Market commentators note that if diplomatic progress around Iran holds, it could restart buying momentum for the major indices — a tailwind for UPRO. NASDAQ, Dow Jones and S&P 500 Forecasts – US Indices Trying to Recover on Monday
• Neutral Sentiment: Barron’s notes REITs now yield above the 10‑year — a sector story that may attract income-focused flows but doesn’t directly move broad-cap S&P 500 tracking funds like UPRO. REITs Are the S&P 500’s Highest Yielding Sector…
• Neutral Sentiment: Technical analysis pieces pointing to S&P levels to watch matter for trading flows (delta-hedge and options expiry effects) but are not a directional macro catalyst by themselves. S&P 500 Levels to Watch Amid Dow, Nasdaq Correction
• Negative Sentiment: Reuters reports the S&P 500 is set for its worst quarter since 2022 as inflation, the Iran war and AI-related uncertainty drive a broad retreat — a direct headwind for UPRO. S&P 500 heads for worst quarter since 2022…
• Negative Sentiment: Analysts warn the S&P 500 could fall further (one warning of a drop to ~6,150), increasing downside risk for leveraged long ETFs and encouraging risk-off positioning. S&P 500 could fall to 6,150: analyst explains how to play the dip
• Negative Sentiment: U.S. oil topping $100/bbl raises inflation and growth concerns; higher energy costs often weigh on equities and therefore on UPRO’s performance. S&P 500 Falters and Oil Rises After Hopes Fade for a Quick End to Iran Conflict
• Negative Sentiment: Barron’s commentary on the S&P nearing correction territory underscores vulnerability to further downside, a negative for leveraged longs. S&P 500 Nears Correction Territory. Wall Street Debates Buying the Dip.

ProShares UltraPro S&P 500 Profile

The ProShares UltraPro S&P500 (UPRO) is an exchange-traded fund that is based on the S&P 500 index. The fund provides 3x leveraged daily exposure to a market cap-weighted index of large-cap and mid-cap US companies selected by the S&P Committee. UPRO was launched on Jun 25, 2009 and is managed by ProShares.