NewEdge Wealth LLC Has $2.59 Million Stock Holdings in ProShares Ultra S&P500 $SSO

Posted by Casey Walker on May 13th, 2026

NewEdge Wealth LLC increased its stake in shares of ProShares Ultra S&P500 (NYSEARCA:SSO – Free Report) by 85.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 44,705 shares of the real estate investment trust’s stock after acquiring an additional 20,652 shares during the period. NewEdge Wealth LLC’s holdings in ProShares Ultra S&P500 were worth $2,589,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. First Heartland Consultants Inc. increased its holdings in shares of ProShares Ultra S&P500 by 7.8% during the 3rd quarter. First Heartland Consultants Inc. now owns 2,248 shares of the real estate investment trust’s stock worth $252,000 after acquiring an additional 163 shares during the last quarter. Tudor Investment Corp ET AL increased its holdings in shares of ProShares Ultra S&P500 by 4.6% during the 3rd quarter. Tudor Investment Corp ET AL now owns 4,573 shares of the real estate investment trust’s stock worth $513,000 after acquiring an additional 200 shares during the last quarter. Harvest Investment Services LLC grew its stake in ProShares Ultra S&P500 by 3.6% in the 3rd quarter. Harvest Investment Services LLC now owns 7,897 shares of the real estate investment trust’s stock valued at $885,000 after buying an additional 271 shares during the last quarter. Bank of America Corp DE grew its stake in ProShares Ultra S&P500 by 1.3% in the 3rd quarter. Bank of America Corp DE now owns 22,583 shares of the real estate investment trust’s stock valued at $2,532,000 after buying an additional 300 shares during the last quarter. Finally, Global Retirement Partners LLC acquired a new position in ProShares Ultra S&P500 in the 3rd quarter valued at about $37,000.

ProShares Ultra S&P500 Stock Performance

Shares of SSO opened at $66.33 on Wednesday. ProShares Ultra S&P500 has a 52 week low of $42.53 and a 52 week high of $66.80. The firm has a market cap of $7.66 billion, a P/E ratio of 24.25 and a beta of 2.01. The firm’s 50-day simple moving average is $57.49 and its 200 day simple moving average is $57.92.

Key Headlines Impacting ProShares Ultra S&P500

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

Positive Sentiment: The S&P 500 continues to trade at record highs, lifting leveraged index products like SSO as investors stay in a risk-on mode. S&P 500 Settles Above 7,400: Investor Sentiment Improves Slightly, Fear Index Remains In ‘Greed’ Zone
Positive Sentiment: HSBC raised its year-end S&P 500 outlook, citing resilient corporate earnings and continued strength in AI-related technology stocks, which is supportive for SSO. Banking giant updates S&P 500 target for end of 2026
Positive Sentiment: SSO reached a new 12-month high, signaling strong technical momentum and continued buying interest. ProShares Ultra S&P500 (NYSEARCA:SSO) Reaches New 12-Month High – Time to Buy?
Positive Sentiment: Short interest in SSO fell sharply in April, suggesting less bearish positioning and potentially less pressure on the ETF.
Neutral Sentiment: Some market commentary is warning that the S&P 500 may now be a portfolio risk after its strong run, which could temper enthusiasm but does not yet show a clear reversal. Is the S&P 500 Now Your Portfolio’s Biggest Risk?
Neutral Sentiment: Geopolitical tensions and oil-price volatility have created a more cautious backdrop for equities, although the market has so far held up well. S&P 500 set for muted open as Trump brands Iran offer ‘totally unacceptable’

ProShares Ultra S&P500 Company Profile

(Free Report)

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.