ProShares Short MidCap400 (the Fund) seeks daily investment results that correspond to the inverse (opposite) of the daily performance of the S&P MidCap 400 Index (the Index). The S&P MidCap 400 Index is a measure of mid-size company United States stock market performance. It is a capitalization weighted index of 400 United States operating companies and real estate investment trusts (REITs). The Fund intends to invest at least 80% of its net assets, including any borrowings for investment purposes, to investments that, in combination, have economic characteristics that are inverse to those of the Index. 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 Short MidCap 400
Tax ClassificationRegulated Investment Company
SymbolNYSEARCA:MYY
Inception Date6/19/2006
Fund ManagerMichael Neches, Devin Sullivan
Phone+1-240-4976400
Fund Focus
Asset ClassEquity
BenchmarkS&P Midcap 400 Index
CategorySize and Style
FocusMid Cap
Development LevelDeveloped Markets
RegionNorth America
Fund Statistics
Assets Under Management$9.30 million
Average Daily Volume$5,750.50
Discount/Premium-0.06%
ETF Expenses
Management Fee0.75%
Other Expenses0.47%
Total Expenses1.22%
Fee Waiver-0.27%
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 MakerLatour Trading
ProShares Short MidCap 400 (NYSEARCA:MYY) Frequently Asked Questions
What is ProShares Short MidCap 400's stock symbol?
ProShares Short MidCap 400 trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "MYY."
How often does ProShares Short MidCap 400 pay dividends? What is the dividend yield for ProShares Short MidCap 400?
ProShares Short MidCap 400 announced a quarterly dividend on Tuesday, December 24th. Stockholders of record on Thursday, December 26th will be paid a dividend of $0.0879 per share on Thursday, January 2nd. This represents a $0.35 annualized dividend and a dividend yield of 0.80%. The ex-dividend date of this dividend is Tuesday, December 24th. View ProShares Short MidCap 400's Dividend History.
Has ProShares Short MidCap 400 been receiving favorable news coverage?
News stories about MYY stock have been trending somewhat positive this week, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. ProShares Short MidCap 400 earned a media sentiment score of 1.5 on InfoTrie's scale. They also gave media stories about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for ProShares Short MidCap 400.
Who are ProShares Short MidCap 400's key executives?
ProShares Short MidCap 400's management team includes the folowing people:
- Michael L. Sapir, Chairman of ProShares Trust
- Louis M. Mayberg, President of ProShares Trust
- Victor M. Frye Esq., Chief Compliance Officer and AML Officer of ProShares Trust
- Simon D. Collier, Treasurer of ProShares Trust
- Gary A. Casagrande, Assistant Treasurer of ProShares Trust
- Charles S. Todd, Assistant Treasurer of ProShares Trust
- Stephenie Adams, Acting Secretary of ProShares Trust
- Gregory Pickard Esq., Assistant Secretary of ProShares Trust
- Russell S. Reynolds III, Trustee of ProShares Trust
- Michael C. Wachs, Trustee of ProShares Trust
Who are ProShares Short MidCap 400's major shareholders?
ProShares Short MidCap 400's stock is owned by many different of retail and institutional investors. Top institutional investors include Tower Research Capital LLC TRC (9.08%), Partnervest Advisory Services LLC (2.35%) and InterOcean Capital LLC (2.68%).
Which major investors are buying ProShares Short MidCap 400 stock?
MYY stock was acquired by a variety of institutional investors in the last quarter, including Tower Research Capital LLC TRC, InterOcean Capital LLC and Partnervest Advisory Services LLC.
How do I buy shares of ProShares Short MidCap 400?
Shares of MYY 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, Robinhood, Fidelity and Charles Schwab.
What is ProShares Short MidCap 400's stock price today?
One share of MYY stock can currently be purchased for approximately $44.12.
How big of a company is ProShares Short MidCap 400?
What is ProShares Short MidCap 400's official website?
How can I contact ProShares Short MidCap 400?
ProShares Short MidCap 400's mailing address is 7501 Wisconsin Avenue Suite 1000 - East Tower, Bethesda, MD 20814, United States. The company can be reached via phone at +1-240-4976400.
MarketBeat Community Rating for ProShares Short MidCap 400 (NYSEARCA MYY)
MarketBeat's community ratings are surveys of what our community members think about ProShares Short MidCap 400 and other stocks. Vote "Outperform" if you believe MYY will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MYY will underperform the S&P 500 over the long term. You may vote once every thirty days.
