S&P 500   3,841.47
DOW   30,996.98
QQQ   325.42
S&P 500   3,841.47
DOW   30,996.98
QQQ   325.42
S&P 500   3,841.47
DOW   30,996.98
QQQ   325.42
S&P 500   3,841.47
DOW   30,996.98
QQQ   325.42
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ProShares Ultra Telecommunications Stock Forecast, Price & News

+0.35 (+0.81 %)
(As of 01/22/2021 12:00 AM ET)
Today's Range
Now: $43.36
50-Day Range
MA: $40.84
52-Week Range
Now: $43.36
Volume35 shs
Average Volume9,131 shs
Market Capitalization$2.17 million
P/E RatioN/A
Dividend Yield1.45%
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.

Geographic Exposure of LTL

Currency Exposure of LTL

Sector Exposure of LTL

Industry Exposure of LTL

Basic Details

Issuer ProShares
Fund NameProShares Ultra Telecommunications
Tax ClassificationRegulated Investment Company
Inception Date3/25/2008
Fund ManagerMichael Neches, Tarak Dave

Fund Focus

Asset ClassEquity
BenchmarkDow Jones US Telecommunications Sector Index
Development LevelDeveloped Markets
RegionNorth America

Fund Statistics

Assets Under Management$849,750.00
Average Daily Volume$65.20

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.
Lead Market MakerIMC Chicago
+0.35 (+0.81 %)
(As of 01/22/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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ProShares Ultra Telecommunications (NYSEARCA:LTL) Frequently Asked Questions

How has ProShares Ultra Telecommunications' stock been impacted by COVID-19?

ProShares Ultra Telecommunications' stock was trading at $35.0073 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, LTL shares have increased by 23.9% and is now trading at $43.3572.
View which stocks have been most impacted by COVID-19

What stocks does MarketBeat like better than ProShares Ultra Telecommunications?

Wall Street analysts have given ProShares Ultra Telecommunications a "N/A" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but ProShares Ultra Telecommunications wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

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, March 25th. Investors of record on Thursday, March 26th will be paid a dividend of $0.1861 per share on Wednesday, April 1st. This represents a $0.74 annualized dividend and a dividend yield of 1.72%. The ex-dividend date is Wednesday, March 25th. This is an increase from ProShares Ultra Telecommunications's previous quarterly dividend of $0.08.
View ProShares Ultra Telecommunications' dividend history

Is ProShares Ultra Telecommunications a good dividend stock?

ProShares Ultra Telecommunications pays an annual dividend of $0.62 per share and currently has a dividend yield of 1.45%.
View ProShares Ultra Telecommunications' dividend history.

Who are ProShares Ultra Telecommunications' key executives?

ProShares Ultra Telecommunications' management team includes the following 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)

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 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is ProShares Ultra Telecommunications' stock price today?

One share of LTL stock can currently be purchased for approximately $43.36.

How big of a company is ProShares Ultra Telecommunications?

ProShares Ultra Telecommunications has a market capitalization of $2.17 million.

What is ProShares Ultra Telecommunications' official website?

The official website for ProShares Ultra Telecommunications is 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.

This page was last updated on 1/23/2021 by MarketBeat.com Staff

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