Sound Income Strategies LLC Invests $873,000 in ProShares UltraPro S&P 500 $UPRO

Sound Income Strategies LLC bought a new position in shares of ProShares UltraPro S&P 500 (NYSEARCA:UPRO) during the fourth quarter, according to its most recent filing with the SEC. The fund bought 7,266 shares of the company’s stock, valued at approximately $873,000.

Other hedge funds also recently made changes to their positions in the company. Optiver Holding B.V. bought a new stake in shares of ProShares UltraPro S&P 500 during the 3rd quarter worth $37,000. Bank of America Corp DE bought a new stake in shares of ProShares UltraPro S&P 500 during the 2nd quarter worth $90,000. Physician Wealth Advisors Inc. raised its stake in shares of ProShares UltraPro S&P 500 by 11.6% during the 3rd quarter. Physician Wealth Advisors Inc. now owns 944 shares of the company’s stock worth $105,000 after purchasing an additional 98 shares during the period. Stratos Wealth Partners LTD. bought a new stake in shares of ProShares UltraPro S&P 500 during the 3rd quarter worth $202,000. Finally, Segment Wealth Management LLC bought a new stake in shares of ProShares UltraPro S&P 500 during the 3rd quarter worth $203,000.

ProShares UltraPro S&P 500 News Summary

Here are the key news stories impacting ProShares UltraPro S&P 500 this week:

• Positive Sentiment: Ceasefire talks and improving risk sentiment helped push the S&P higher, supporting leveraged instruments like UPRO. S&P 500 Gains For Fourth Session On Ceasefire Hopes
• Positive Sentiment: Tech-led strength in the Nasdaq and S&P boosted indices, a tailwind for UPRO given the S&P’s tech exposure. Nasdaq 100 and S&P 500: Tech Stocks Drive US Indices Higher
• Neutral Sentiment: S&P index reconstitution continued (Casey’s joining the S&P 500), a routine technical change that can cause short-term flows but is unlikely to change UPRO’s medium-term outlook. Casey’s General Stores Joining S&P 500 This Week
• Negative Sentiment: UBS cut its 2026 S&P 500 target citing higher energy costs from the Middle East conflict — a direct bearish signal for index forecasts and therefore UPRO. UBS cuts S&P 500 2026 targets amid rising oil prices
• Negative Sentiment: Rising oil (WTI above $112) and concern that the S&P is trading on oil/inflation rather than earnings raise growth and inflation fears — a headwind for the index and UPRO. Why The S&P 500 Is Trading On Oil Prices, Not Earnings
• Negative Sentiment: Index concentration risk: Microsoft is now the biggest single drag on the S&P 500, meaning outsized moves in a few mega‑caps can quickly sway the index and leveraged ETFs like UPRO. Microsoft Is Now The Biggest Deadweight On S&P 500 — And Exxon Is What Nvidia Used To Be

ProShares UltraPro S&P 500 Price Performance

NYSEARCA UPRO opened at $100.85 on Wednesday. The business’s fifty day moving average is $109.56 and its 200-day moving average is $113.12. ProShares UltraPro S&P 500 has a one year low of $48.22 and a one year high of $122.85. The stock has a market capitalization of $4.13 billion, a price-to-earnings ratio of 28.62 and a beta of 3.02.

ProShares UltraPro S&P 500 Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Wednesday, March 25th were issued a $0.2225 dividend. The ex-dividend date of this dividend was Wednesday, March 25th. This represents a $0.89 annualized dividend and a yield of 0.9%.

ProShares UltraPro S&P 500 Company Profile

The ProShares UltraPro S&P500 (UPRO) is an exchange-traded fund that is based on the S&P 500 index. The fund provides 3x leveraged daily exposure to a market cap-weighted index of large-cap and mid-cap US companies selected by the S&P Committee. UPRO was launched on Jun 25, 2009 and is managed by ProShares.