Palumbo Wealth Management LLC Acquires Shares of 13,223 ProShares Ultra S&P500 $SSO

Palumbo Wealth Management LLC acquired a new stake in ProShares Ultra S&P500 (NYSEARCA:SSO) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 13,223 shares of the real estate investment trust’s stock, valued at approximately $766,000.

A number of other hedge funds also recently bought and sold shares of the business. Assetmark Inc. raised its holdings in ProShares Ultra S&P500 by 110,080.6% in the 3rd quarter. Assetmark Inc. now owns 6,635,078 shares of the real estate investment trust’s stock valued at $743,991,000 after acquiring an additional 6,629,056 shares during the last quarter. Main Street Group LTD raised its holdings in ProShares Ultra S&P500 by 3.1% in the 3rd quarter. Main Street Group LTD now owns 598,699 shares of the real estate investment trust’s stock valued at $67,132,000 after acquiring an additional 17,929 shares during the last quarter. Goldman Sachs Group Inc. acquired a new stake in ProShares Ultra S&P500 in the 1st quarter valued at about $41,524,000. Global View Capital Management LLC raised its holdings in ProShares Ultra S&P500 by 329.8% in the 4th quarter. Global View Capital Management LLC now owns 465,496 shares of the real estate investment trust’s stock valued at $26,962,000 after acquiring an additional 357,202 shares during the last quarter. Finally, TTP Investments Inc. raised its holdings in ProShares Ultra S&P500 by 8.2% in the 3rd quarter. TTP Investments Inc. now owns 411,714 shares of the real estate investment trust’s stock valued at $46,573,000 after acquiring an additional 31,063 shares during the last quarter.

ProShares Ultra S&P500 News Roundup

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

• Positive Sentiment: Ceasefire optimism lifted US futures and helped push S&P 500 momentum higher; lower oil on hopes of Hormuz reopening supports risk assets. S&P500: US Futures Rally on Ceasefire, Eye 50-Day MA Breakout
• Positive Sentiment: Tech-led strength in the Nasdaq and S&P helped drive indices higher, a tailwind for SSO’s leveraged exposure to the benchmark. Nasdaq 100 and S&P 500: Tech Stocks Drive US Indices Higher as Ceasefire Talk Boosts Forecast
• Positive Sentiment: Futures continued to climb amid headlines on ceasefire talks and macro event flow, supporting short‑term momentum for S&P‑leveraged products like SSO. S&P 500 Gains For Fourth Session On Ceasefire Hopes
• Neutral Sentiment: Market commentary flags a cautious recovery theme as indices try to reclaim moving averages; useful for traders watching technical breakout levels that affect leveraged ETF flows. Nasdaq 100, Dow Jones 30 and S&P 500 Forecasts – US Indices Start the Week on the Right Foot
• Neutral Sentiment: Technical/options markers to watch (Schaeffer’s yard markers) may signal near‑term resistance/support for the S&P and, by extension, SSO’s amplified moves. 3 ‘Yard Markers’ S&P 500 Bulls Should Be Watching
• Negative Sentiment: UBS trimmed its 2026 S&P 500 target citing higher oil and the risk of slower US growth — a direct headwind for benchmark performance and therefore leveraged SSO. UBS cuts S&P 500 2026 targets amid rising oil prices
• Negative Sentiment: Analysis highlighting large-cap index dynamics (e.g., Microsoft as a drag, shifting sector leadership) underscores concentration risk in the S&P 500 that can mute broad-index gains and hurt SSO’s performance when mega-caps underperform. Microsoft Is Now The Biggest Deadweight On S&P 500 — And Exxon Is What Nvidia Used To Be
• Negative Sentiment: Commentary that the S&P is trading more on oil-price moves than fundamentals warns of elevated volatility and valuation risk for the index and leveraged ETFs like SSO. Why The S&P 500 Is Trading On Oil Prices, Not Earnings

ProShares Ultra S&P500 Trading Up 0.1%

SSO stock opened at $53.25 on Wednesday. The company has a market cap of $5.62 billion, a price-to-earnings ratio of 24.25 and a beta of 2.01. ProShares Ultra S&P500 has a 12 month low of $31.39 and a 12 month high of $60.37. The firm has a 50-day moving average of $56.05 and a two-hundred day moving average of $57.00.

ProShares Ultra S&P500 Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Wednesday, March 25th were issued a $0.1138 dividend. The ex-dividend date was Wednesday, March 25th. This represents a $0.46 dividend on an annualized basis and a yield of 0.9%.

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.