Koshinski Asset Management Inc. Grows Position in ProShares Ultra S&P500 $SSO

Koshinski Asset Management Inc. lifted its stake in ProShares Ultra S&P500 (NYSEARCA:SSO) by 101.5% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 44,558 shares of the real estate investment trust’s stock after buying an additional 22,443 shares during the quarter. Koshinski Asset Management Inc.’s holdings in ProShares Ultra S&P500 were worth $2,581,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of SSO. Howard Capital Management Inc. lifted its holdings in shares of ProShares Ultra S&P500 by 100.0% in the fourth quarter. Howard Capital Management Inc. now owns 13,775,520 shares of the real estate investment trust’s stock worth $797,878,000 after buying an additional 6,887,760 shares in the last quarter. Assetmark Inc. lifted its holdings in shares of ProShares Ultra S&P500 by 110,080.6% in the third quarter. Assetmark Inc. now owns 6,635,078 shares of the real estate investment trust’s stock worth $743,991,000 after buying an additional 6,629,056 shares in the last quarter. Main Street Group LTD lifted its holdings in shares of ProShares Ultra S&P500 by 101.6% in the fourth quarter. Main Street Group LTD now owns 1,207,033 shares of the real estate investment trust’s stock worth $69,911,000 after buying an additional 608,334 shares in the last quarter. Goldman Sachs Group Inc. purchased a new position in shares of ProShares Ultra S&P500 in the first quarter worth $41,524,000. Finally, Global View Capital Management LLC lifted its holdings in shares of ProShares Ultra S&P500 by 329.8% in the fourth quarter. Global View Capital Management LLC now owns 465,496 shares of the real estate investment trust’s stock worth $26,962,000 after buying an additional 357,202 shares in the last quarter.

More ProShares Ultra S&P500 News

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

ProShares Ultra S&P500 Stock Performance

SSO stock opened at $66.22 on Friday. ProShares Ultra S&P500 has a one year low of $40.83 and a one year high of $66.32. The company’s fifty day moving average price is $57.02 and its 200-day moving average price is $57.71. The company has a market capitalization of $7.65 billion, a PE ratio of 24.25 and a beta of 2.01.

ProShares Ultra S&P500 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.