ProShares UltraPro S&P 500 (NYSEARCA:UPRO) Stock Jumps 2% – Still a Buy?

Posted by Paula Ricardo on Oct 6th, 2026

ProShares UltraPro S&P 500 (NYSEARCA:UPRO – Get Free Report)’s share price shot up 2% during trading on Monday. The company traded as high as $154.90 and last traded at $153.89. 2,009,869 shares traded hands during mid-day trading, a decline of 37% from the average session volume of 3,214,948 shares. The stock had previously closed at $150.88.

ProShares UltraPro S&P 500 Price Performance

The company has a market capitalization of $5.54 billion, a price-to-earnings ratio of 28.62 and a beta of 3.03. The stock’s fifty day simple moving average is $149.39 and its two-hundred day simple moving average is $137.06.

Hedge Funds Weigh In On ProShares UltraPro S&P 500

A number of large investors have recently bought and sold shares of the business. Revere Asset Management Inc raised its stake in ProShares UltraPro S&P 500 by 116.3% during the 2nd quarter. Revere Asset Management Inc now owns 393,443 shares of the company’s stock valued at $55,786,000 after acquiring an additional 211,506 shares in the last quarter. IMC Chicago LLC bought a new position in shares of ProShares UltraPro S&P 500 in the first quarter worth $3,215,000. T3 Companies LLC bought a new position in shares of ProShares UltraPro S&P 500 in the fourth quarter worth $494,000. Independent Financial Group LLC acquired a new position in shares of ProShares UltraPro S&P 500 during the first quarter valued at $1,962,000. Finally, Calamos Advisors LLC acquired a new position in shares of ProShares UltraPro S&P 500 during the first quarter valued at $442,000.

ProShares UltraPro S&P 500 Company Profile

(Get Free Report)

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.