ProShares UPRO Sees $85M Outflow, Impacts Major Stocks

ProShares UltraPro S&P 500 ETF experiences notable $85M outflow, causing a 1.8% decrease in shares outstanding. This outflow may influence the stock prices of its key holdings like Blackstone, Boeing, and Charles Schwab.

Date: 05-02-2025

AI Rating: 5

ETF Outflow Impact

The ProShares UltraPro S&P 500 (UPRO) has recently experienced a significant outflow of approximately $85 million, translating to a 1.8% decrease in shares outstanding. This kind of outflow indicates that there is a decrease in investor interest in this ETF, which can have a ripple effect on the stocks held within it.

When an ETF like UPRO faces notable outflows, it means that the underlying components must be sold to accommodate this decrease in units. This could put downward pressure on those individual stocks. In this case, Blackstone Inc (BX), Boeing Co. (BA), and The Charles Schwab Corporation (SCHW) are major components of UPRO.

The immediate impact can be felt in these companies’ stock prices. Blackstone is up by 0.1% and Boeing by 1.4%, while Schwab is declining by 0.2%. The mixed performance indicates investor sentiment is varied, which could lead to further volatility in their stock prices. Investors might want to keep an eye on UPRO's performance as it reflects not only the S&P 500 as a whole but also these individual components.

Furthermore, UPRO's performance in relation to its 200-day moving average and its 52-week range (with a low of $58.74 and a high of $100.06) may also guide investor sentiment. The last trade price at $93.78 suggests it is positioned closer to its high end, but investor reaction to outflows could influence a shift in this dynamic.

Stocks: BX BA SCHW