ProShares Ultra S&P500 (NYSEARCA:SSO) Hits New 52-Week High – Time to Buy?

Posted by Geri Gentry on Aug 15th, 2026

ProShares Ultra S&P500 (NYSEARCA:SSO – Get Free Report)’s share price reached a new 52-week high during trading on Thursday . The stock traded as high as $72.64 and last traded at $72.7740, with a volume of 376463 shares changing hands. The stock had previously closed at $71.54.

More ProShares Ultra S&P500 News

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

Positive Sentiment: Softer-than-expected wholesale inflation reduced concerns about additional Federal Reserve rate increases, helping the S&P 500 close at a record high. Lower rate expectations generally support equity valuations and are favorable for SSO. U.S. Stocks Rise, S&P 500 Closes at Record High, After Inflation Data
Positive Sentiment: Technology shares and AI-related companies continued to lead the market, while falling oil prices and improving investor sentiment added support to the S&P 500. Dow rises as S&P 500 closes at record high on softer inflation, tech gains
Positive Sentiment: More than 40 S&P 500 companies reportedly received or accrued significant tariff refunds, potentially providing a temporary lift to corporate cash flow and earnings. S&P 500 Companies Claim First Payouts From $100 Billion Tariff Refund Wave
Neutral Sentiment: Technical analysts see bullish-flag breakouts developing across the S&P 500 and Nasdaq, but early trading remains mixed ahead of another uncertain weekend. US Indices Forecast – Bullish Flags Trigger Breakouts Across S&P 500 and NASDAQ
Negative Sentiment: Renewed Middle East tensions are limiting risk appetite, while investors await economic data for additional clues about the Federal Reserve’s rate path. This uncertainty helps explain why SSO is not fully following the prior session’s broad-market strength. S&P 500 edges higher as earnings offset Middle East tensions

ProShares Ultra S&P500 Stock Down 0.4%

The firm has a market capitalization of $8.42 billion, a price-to-earnings ratio of 24.25 and a beta of 2.01. The stock’s 50 day moving average price is $67.62 and its two-hundred day moving average price is $62.53.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. World Equity Group Inc. increased its position in ProShares Ultra S&P500 by 5.8% in the 1st quarter. World Equity Group Inc. now owns 4,712 shares of the real estate investment trust’s stock worth $245,000 after purchasing an additional 258 shares during the last quarter. Harvest Investment Services LLC grew its stake in shares of 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 in the last quarter. Bank of America Corp DE grew its stake in shares of 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 in the last quarter. Evolution Wealth Management Inc. increased its holdings in ProShares Ultra S&P500 by 100.0% in the fourth quarter. Evolution Wealth Management Inc. now owns 630 shares of the real estate investment trust’s stock worth $36,000 after buying an additional 315 shares during the last quarter. Finally, Physician Wealth Advisors Inc. increased its holdings in ProShares Ultra S&P500 by 10.6% in the first quarter. Physician Wealth Advisors Inc. now owns 3,633 shares of the real estate investment trust’s stock worth $188,000 after buying an additional 348 shares during the last quarter.

About ProShares Ultra S&P500

(Get 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.