ProShares Ultra S&P500 (NYSEARCA:SSO) Shares to Split on Thursday, November 20th

ProShares Ultra S&P500 (NYSEARCA:SSO)’s stock is scheduled to split on Thursday, November 20th. The 2-1 split was recently announced. The newly issued shares will be payable to shareholders after the closing bell on Wednesday, November 19th.

ProShares Ultra S&P500 Price Performance

ProShares Ultra S&P500 stock opened at $116.85 on Wednesday. The firm has a market cap of $7.43 billion, a PE ratio of 24.25 and a beta of 2.01. The stock’s fifty day moving average price is $112.06 and its two-hundred day moving average price is $101.30. ProShares Ultra S&P500 has a one year low of $60.84 and a one year high of $119.49.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of SSO. Beacon Capital Management Inc. acquired a new stake in ProShares Ultra S&P500 during the second quarter worth about $27,000. Keystone Global Partners LLC bought a new stake in shares of ProShares Ultra S&P500 during the 1st quarter worth approximately $28,000. Evolution Wealth Management Inc. acquired a new stake in shares of ProShares Ultra S&P500 during the 2nd quarter worth approximately $31,000. Global Retirement Partners LLC acquired a new stake in shares of ProShares Ultra S&P500 during the 3rd quarter worth approximately $37,000. Finally, Corsicana & Co. bought a new position in ProShares Ultra S&P500 in the third quarter valued at approximately $52,000.

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.