NBZ Investment Advisors LLC Makes New $15.74 Million Investment in ProShares Ultra S&P500 $SSO

NBZ Investment Advisors LLC bought a new position in shares of ProShares Ultra S&P500 (NYSEARCA:SSO) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 271,756 shares of the real estate investment trust’s stock, valued at approximately $15,740,000. ProShares Ultra S&P500 comprises 6.8% of NBZ Investment Advisors LLC’s investment portfolio, making the stock its 5th largest position.

A number of other institutional investors have also made changes to their positions in the business. Global Retirement Partners LLC bought a new stake in ProShares Ultra S&P500 during the 3rd quarter worth about $37,000. Park Square Financial Group LLC acquired a new position in shares of ProShares Ultra S&P500 during the third quarter worth approximately $47,000. Corsicana & Co. grew its stake in shares of ProShares Ultra S&P500 by 100.0% during the fourth quarter. Corsicana & Co. now owns 920 shares of the real estate investment trust’s stock valued at $53,000 after purchasing an additional 460 shares during the last quarter. Abound Wealth Management increased its holdings in shares of ProShares Ultra S&P500 by 100.0% in the fourth quarter. Abound Wealth Management now owns 1,066 shares of the real estate investment trust’s stock valued at $62,000 after purchasing an additional 533 shares in the last quarter. Finally, Winnow Wealth LLC bought a new position in ProShares Ultra S&P500 in the 3rd quarter worth approximately $69,000.

ProShares Ultra S&P500 Stock Performance

NYSEARCA:SSO opened at $66.22 on Friday. The company has a market cap of $7.65 billion, a price-to-earnings ratio of 24.25 and a beta of 2.01. The stock’s fifty day moving average price is $57.02 and its two-hundred day moving average price is $57.71. ProShares Ultra S&P500 has a 52-week low of $40.83 and a 52-week high of $66.32.

Key Headlines Impacting ProShares Ultra S&P500

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

• Positive Sentiment: Wall Street extended its record-breaking run, with the S&P 500 and Nasdaq both posting another strong week even amid geopolitical uncertainty. Nasdaq, S&P 500 Enjoy Another Record-Breaking Week
• Positive Sentiment: RBC raised its year-end S&P 500 target to 7,900, citing resilient earnings growth and continued strength in AI-linked sectors, reinforcing the bullish case for index exposure. RBC lifts S&P 500 year-end target to 7,900 on AI optimism
• Positive Sentiment: Another report highlighted RBC’s view that big tech and a “two-speed” economy could drive the benchmark roughly 10% higher over the next year. RBC Boosts S&P 500 Price Target. Big Tech Can Drive a 10% Gain.
• Positive Sentiment: Barron’s said the S&P 500 could reach 8,000 as strong earnings continue to support the rally. Why the S&P 500 Is Heading to 8000
• Neutral Sentiment: Some market commentary warned the rally is becoming stretched, with breadth divergence and “reversal signal” talk suggesting the move may be getting mature. S&P500: Reversal Signal Watch Intensifies as Record Rally Stretches
• Neutral Sentiment: Oil-price swings and Iran-related headlines continued to move sentiment, but they have not derailed the broader uptrend in stocks. S&P 500 slips from record high as oil rebounds

About ProShares Ultra S&P500

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.