ProShares Ultra S&P500 (ETFs: SSO) experienced significant changes in shares outstanding, with an approximate outflow of $312.2 million, representing a 4.2% decrease week over week—from 128,250,000 shares to 122,850,000 shares. This shift occurred as of [insert date] in [insert location if applicable].
The current share price of SSO is $58.36, with a 52-week low of $30.42 and a high of $60.37. Notable underlying components of SSO include Home Depot Inc. (up 1%), GE Aerospace (up 2.1%), and Merck & Co. Inc. (up 0.1%).
Monitoring ETF flows can impact the associated underlying stocks, as creation or destruction of units entails buying or selling those holdings.
