ProShares Ultra S&P500 (NYSEARCA:SSO – Get Free Report) reached a new 52-week high during mid-day trading on Wednesday . ProShares Ultra S&P500 Trading Down 0.3%The firm has a market cap of $8.24 billion, a price-to-earnings ratio of 24.25 and a beta of 2.01. Get ProShares Ultra S&P500 alerts:Hedge Funds Weigh In On ProShares Ultra S&P500A number of large investors have recently made changes to their positions in SSO. About ProShares Ultra S&P500ProShares 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. Featured ArticlesReceive News & Ratings for ProShares Ultra S&P500 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares Ultra S&P500 and related companies with MarketBeat.com's FREE daily email newsletter.