ProShares Ultra Oil & Gas (the fund) seeks daily investment results that correspond to twice (200%) the daily performance of the Dow Jones U.S. Oil & Gas Index (the Index). The Fund intends to invest at least 80% of its net assets, including any borrowings for investment purposes, under normal circumstances, to equity securities contained in the Index and/or financial instruments that, in combination, have similar economic characteristics. The Fund also intends to invest assets not invested in financial instruments, in debt instruments and/or money market instruments. The Fund intends to concentrate its investments in a particular industry or group of industries to approximately the same extent as the Index is so concentrated. ProShare Advisors LLC serves as the investment advisor to the Fund.
Basic Details
Issuer ProShares
Fund NameProShares Ultra Oil & Gas
Tax ClassificationRegulated Investment Company
SymbolNYSEARCA:DIG
Inception Date1/30/2007
Fund ManagerMichael Neches, Tarak Dave
Phone+1-240-4976400
Fund Focus
Asset ClassEquity
BenchmarkDJ US Oil&Gas TR USD
CategorySector
FocusEnergy
Development LevelDeveloped Markets
RegionNorth America
Fund Statistics
Assets Under Management$92.20 million
Average Daily Volume$102,537.00
Discount/Premium-2.74%
ETF Expenses
Management Fee0.75%
Other Expenses0.29%
Total Expenses1.04%
Fee Waiver-0.09%
Net Expenses0.95%
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 MakerPundion
ProShares Ultra Oil & Gas (NYSEARCA:DIG) Frequently Asked Questions
What is ProShares Ultra Oil & Gas' stock symbol?
ProShares Ultra Oil & Gas trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "DIG."
How often does ProShares Ultra Oil & Gas pay dividends? What is the dividend yield for ProShares Ultra Oil & Gas?
ProShares Ultra Oil & Gas declared a quarterly dividend on Wednesday, December 26th. Shareholders of record on Thursday, December 27th will be given a dividend of $0.1223 per share on Thursday, January 3rd. This represents a $0.49 dividend on an annualized basis and a yield of 1.61%. The ex-dividend date is Wednesday, December 26th. View ProShares Ultra Oil & Gas' Dividend History.
Has ProShares Ultra Oil & Gas been receiving favorable news coverage?
News coverage about DIG stock has been trending negative recently, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. ProShares Ultra Oil & Gas earned a media sentiment score of -2.1 on InfoTrie's scale. They also gave news coverage about the exchange traded fund a news buzz of 1.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the immediate future.
Who are ProShares Ultra Oil & Gas' key executives?
ProShares Ultra Oil & Gas' 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 Oil & Gas' major shareholders?
ProShares Ultra Oil & Gas' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include RPG Investment Advisory LLC (1.52%), Virtu Financial LLC (0.33%), Cutler Group LP (0.19%) and Simplex Trading LLC (0.05%).
Which major investors are selling ProShares Ultra Oil & Gas stock?
DIG stock was sold by a variety of institutional investors in the last quarter, including Virtu Financial LLC and RPG Investment Advisory LLC.
Which major investors are buying ProShares Ultra Oil & Gas stock?
DIG stock was bought by a variety of institutional investors in the last quarter, including Cutler Group LP and Simplex Trading LLC.
How do I buy shares of ProShares Ultra Oil & Gas?
Shares of DIG 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 Oil & Gas' stock price today?
One share of DIG stock can currently be purchased for approximately $30.48.
How big of a company is ProShares Ultra Oil & Gas?
ProShares Ultra Oil & Gas has a market capitalization of $102.87 million.
What is ProShares Ultra Oil & Gas' official website?
How can I contact ProShares Ultra Oil & Gas?
ProShares Ultra Oil & Gas' mailing address is 7501 Wisconsin Avenue Suite 1000 - East Tower, Bethesda, 20814, United States. The exchange traded fund can be reached via phone at +1-240-4976400.
MarketBeat Community Rating for ProShares Ultra Oil & Gas (NYSEARCA DIG)
MarketBeat's community ratings are surveys of what our community members think about ProShares Ultra Oil & Gas and other stocks. Vote "Outperform" if you believe DIG will outperform the S&P 500 over the long term. Vote "Underperform" if you believe DIG will underperform the S&P 500 over the long term. You may vote once every thirty days.
