NYSEARCA:LTL - ProShares Ultra Telecommunications Stock Price, News, & Analysis

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$41.28 -0.01 (-0.02 %)
(As of 03/19/2019 04:00 PM ET)
Previous Close$41.29
Today's Range$41.28 - $41.28
52-Week Range$29.37 - $50.54
Volume65 shs
Average Volume424 shs
Market Capitalization$1.03 million
P/E RatioN/A
Dividend Yield1.56%
BetaN/A
ProShares Ultra Telecommunications (the Fund) seeks daily investment results that correspond to twice the daily performance of the Dow Jones U.S. Select Telecommunications Index (the Index). The Dow Jones U.S. Technology Index measures providers of fixed-line and mobile telephone services. Fixed-line includes regional and long-distance carriers. Mobile includes cellular, satellite and paging services. 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 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.

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Basic Details

Issuer ProShares
Fund NameProShares Ultra Telecommunications
Tax ClassificationRegulated Investment Company
SymbolNYSEARCA:LTL
Inception Date3/25/2008
Fund ManagerMichael Neches, Tarak Dave
Phone+1-240-4976400

Fund Focus

Asset ClassEquity
BenchmarkDow Jones U.S. Select Telecommunications USD
CategorySector
FocusTelecommunications
Development LevelDeveloped Markets
RegionNorth America

Fund Statistics

Assets Under Management$3.05 million
Average Daily Volume$138.00
Discount/Premium-0.02%

ETF Expenses

Management Fee0.75%
Other Expenses1.60%
Total Expenses2.35%
Fee Waiver-1.40%
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 MakerIMC Chicago

Geographic Exposure of ProShares Ultra Telecommunications (NYSEARCA:LTL)
Currency Exposure of ProShares Ultra Telecommunications (NYSEARCA:LTL)
Sector Exposure of ProShares Ultra Telecommunications (NYSEARCA:LTL)
Industry Exposure of ProShares Ultra Telecommunications (NYSEARCA:LTL)

ProShares Ultra Telecommunications (NYSEARCA:LTL) Frequently Asked Questions

What is ProShares Ultra Telecommunications' stock symbol?

ProShares Ultra Telecommunications trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "LTL."

How often does ProShares Ultra Telecommunications pay dividends? What is the dividend yield for ProShares Ultra Telecommunications?

ProShares Ultra Telecommunications announced a quarterly dividend on Wednesday, December 26th. Investors of record on Thursday, December 27th will be given a dividend of $0.5621 per share on Thursday, January 3rd. This represents a $2.25 dividend on an annualized basis and a yield of 5.45%. The ex-dividend date is Wednesday, December 26th. This is an increase from ProShares Ultra Telecommunications's previous quarterly dividend of $0.05. View ProShares Ultra Telecommunications' Dividend History.

Has ProShares Ultra Telecommunications been receiving favorable news coverage?

News coverage about LTL stock has been trending somewhat positive on Tuesday, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. ProShares Ultra Telecommunications earned a media sentiment score of 2.0 on InfoTrie's scale. They also gave media headlines about the exchange traded fund a news buzz of 8.0 out of 10, indicating that recent media coverage is very likely to have an effect on the stock's share price in the next several days.

Who are ProShares Ultra Telecommunications' key executives?

ProShares Ultra Telecommunications' 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)

How do I buy shares of ProShares Ultra Telecommunications?

Shares of LTL 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 Telecommunications' stock price today?

One share of LTL stock can currently be purchased for approximately $41.28.

How big of a company is ProShares Ultra Telecommunications?

ProShares Ultra Telecommunications has a market capitalization of $1.03 million.

What is ProShares Ultra Telecommunications' official website?

The official website for ProShares Ultra Telecommunications is http://www.proshares.com/.

How can I contact ProShares Ultra Telecommunications?

ProShares Ultra Telecommunications' mailing address is SUITE 1000, 7501 WISCONSIN AVENUE, BETHESDA, MD 20814, United States. The exchange traded fund can be reached via phone at +1-240-4976400.


MarketBeat Community Rating for ProShares Ultra Telecommunications (NYSEARCA LTL)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  46 (Vote Outperform)
Underperform Votes:  50 (Vote Underperform)
Total Votes:  96
MarketBeat's community ratings are surveys of what our community members think about ProShares Ultra Telecommunications and other stocks. Vote "Outperform" if you believe LTL will outperform the S&P 500 over the long term. Vote "Underperform" if you believe LTL will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/19/2019 by MarketBeat.com Staff

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