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. The S&P 500 Index is a price return index. Reconstitution occurs both on a quarterly and ongoing basis. The Fund takes positions in securities and/or financial instruments that, in combination, should have similar daily return characteristics as 200% of the daily return of the S&P 500 Index. The Fund's investment advisor is ProShare Advisors LLC.
Basic Details
Issuer ProShares
Fund NameProShares Ultra S&P500
Tax ClassificationRegulated Investment Company
SymbolNYSEARCA:SSO
Inception Date6/19/2006
Fund ManagerMichael Neches, Devin Sullivan
Phone+1-240-4976400
Fund Focus
Asset ClassEquity
BenchmarkS&P 500 TR USD
CategorySize and Style
FocusLarge Cap
Development LevelDeveloped Markets
RegionNorth America
Fund Statistics
Assets Under Management$2.37 billion
Average Daily Volume$1.59 million
Discount/Premium1.66%
ETF Expenses
Management Fee0.75%
Other Expenses0.15%
Total Expenses0.90%
Fee Waiver0.00%
Net Expenses0.90%
Administrator, Advisor and Custodian
AdministratorJ.P. Morgan Investor Services Co.
AdvisorProShare Advisors LLC
CustodianJPMorgan Chase Bank, N.A.
DistributorSEI Investments Distribution Co.
Transfer AgentJPMorgan Chase Bank, N.A.
Trustee
Lead Market MakerVirtu Financial
ProShares Ultra S&P500 (NYSEARCA:SSO) Frequently Asked Questions
What is ProShares Ultra S&P500's stock symbol?
ProShares Ultra S&P500 trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "SSO."
How often does ProShares Ultra S&P500 pay dividends? What is the dividend yield for ProShares Ultra S&P500?
ProShares Ultra S&P500 declared a quarterly dividend on Wednesday, December 26th. Stockholders of record on Thursday, December 27th will be given a dividend of $0.2283 per share on Thursday, January 3rd. This represents a $0.91 dividend on an annualized basis and a dividend yield of 0.81%. The ex-dividend date is Wednesday, December 26th. This is a boost from ProShares Ultra S&P500's previous quarterly dividend of $0.12. View ProShares Ultra S&P500's Dividend History.
Has ProShares Ultra S&P500 been receiving favorable news coverage?
Headlines about SSO stock have been trending somewhat negative recently, according to InfoTrie Sentiment. InfoTrie identifies positive and negative media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. ProShares Ultra S&P500 earned a news impact score of -1.0 on InfoTrie's scale. They also assigned media stories about the real estate investment trust a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the near future.
Who are ProShares Ultra S&P500's key executives?
ProShares Ultra S&P500's management team includes the folowing people:
- Michael L. Sapir, Chairman of ProShares Trust (Age 57)
- Louis M. Mayberg, President of ProShares Trust (Age 53)
- Victor M. Frye Esq., Chief Compliance Officer and AML Officer of ProShares Trust (Age 56)
- Simon D. Collier, Treasurer of ProShares Trust (Age 51)
- Gary A. Casagrande, Assistant Treasurer of ProShares Trust (Age 40)
- Charles S. Todd, Assistant Treasurer of ProShares Trust (Age 41)
- Stephenie Adams, Acting Secretary of ProShares Trust (Age 43)
- Gregory Pickard Esq., Assistant Secretary of ProShares Trust (Age 48)
- Russell S. Reynolds III, Trustee of ProShares Trust (Age 55)
- Michael C. Wachs, Trustee of ProShares Trust (Age 51)
Who are ProShares Ultra S&P500's major shareholders?
ProShares Ultra S&P500's stock is owned by a number of of retail and institutional investors. Top institutional investors include Bank of New York Mellon Corp (1.59%), Thrivent Financial for Lutherans (1.39%), Toth Financial Advisory Corp (0.30%), TD Ameritrade Trust Co (0.29%), Sigma Planning Corp (0.28%) and Brookstone Capital Management (0.26%).
Which institutional investors are selling ProShares Ultra S&P500 stock?
SSO stock was sold by a variety of institutional investors in the last quarter, including Cedar Capital LLC, Sigma Planning Corp, Barber Financial Group Inc., Visionary Asset Management Inc., Forefront Analytics LLC, Advisor Group Inc., Oppenheimer Asset Management Inc. and BKS Advisors LLC.
Which institutional investors are buying ProShares Ultra S&P500 stock?
SSO stock was purchased by a variety of institutional investors in the last quarter, including Thrivent Financial for Lutherans, Bank of New York Mellon Corp, Fisher Asset Management LLC, Brookstone Capital Management, Millennium Management LLC, Benjamin F. Edwards & Company Inc., Two Sigma Securities LLC and Lakeview Capital Partners LLC.
How do I buy shares of ProShares Ultra S&P500?
Shares of SSO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is ProShares Ultra S&P500's stock price today?
One share of SSO stock can currently be purchased for approximately $113.26.
How big of a company is ProShares Ultra S&P500?
ProShares Ultra S&P500 has a market capitalization of $2.33 billion.
What is ProShares Ultra S&P500's official website?
How can I contact ProShares Ultra S&P500?
ProShares Ultra S&P500's mailing address is 7501 Wisconsin Avenue Suite 1000, Bethesda, MD 20814, United States. The real estate investment trust can be reached via phone at +1-240-4976400.
MarketBeat Community Rating for ProShares Ultra S&P500 (NYSEARCA SSO)
MarketBeat's community ratings are surveys of what our community members think about ProShares Ultra S&P500 and other stocks. Vote "Outperform" if you believe SSO will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SSO will underperform the S&P 500 over the long term. You may vote once every thirty days.
