S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
NYSEARCA:REW

ProShares UltraShort Technology (REW) Price, Holdings, & News

$16.03
+0.64 (+4.16%)
(As of 04/19/2024 ET)
Today's Range
$15.42
$16.09
50-Day Range
$13.40
$16.03
52-Week Range
$13.10
$30.02
Volume
48,411 shs
Average Volume
15,341 shs
Market Capitalization
$4.38 million
Assets Under Management
$4.81 million
Dividend Yield
0.31%
Net Expense Ratio
0.95%

About ProShares UltraShort Technology

ProShares UltraShort Technology (the Fund) seeks daily investment results that correspond to twice the inverse daily performance of the Dow Jones U.S. Technology Index (the Index). The Index measures the performance of the technology industry of the United States equity market. Component companies include those involved in computers and office equipment, software, communications technology, semiconductors, diversified technology services and Internet services. The Fund takes positions in securities and/or financial instruments that, in combination, should have similar daily return characteristics as -200% of the daily return of the Index. The Index is a price return index. The Fund’s investment advisor is ProShare Advisors LLC.

REW Stock Price History

REW ETF News Headlines

3 Sub-$10 Stocks to Buy for 2024
Often, investors will overlook stocks just because they're cheap. It's a common thought that a cheap price tag means that something must be wrong with the company. But this couldn't be further from the case in many instances.
ProShares UltraShort Technology (REW)
REW ETF Stock Price History
Tech Funds: Best and Worst for the Week
3 Sub-$10 Stocks to Buy for 2024
Often, investors will overlook stocks just because they're cheap. It's a common thought that a cheap price tag means that something must be wrong with the company. But this couldn't be further from the case in many instances.
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See More Headlines
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Fund Details

Issuer
ProShares
Fund Name
ProShares UltraShort Technology
Tax Classification
Regulated Investment Company
Current Symbol
NYSEARCA:REW
Inception Date
1/30/2007
Fund Manager
Michael Neches, Tarak Dave

Fund Focus

Asset Class
Equity
Benchmark
S&P Technology Select Sector Index
Category
Sector
Focus
Information Technology
Development Level
Developed Markets
Region
North America
Number of Holdings
26

Fund Statistics

Assets Under Management
$4.81 million
Average Daily Volume
$16,279.70
Discount/Premium
0.03%
Leveraged
-2.00

Administrator, Advisor and Custodian

Administrator
JPMorgan Chase Bank, N.A.
Advisor
ProShare Advisors LLC
Custodian
JPMorgan Chase Bank, N.A.
Distributor
SEI Investments Distribution Co.
Transfer Agent
JPMorgan Chase Bank, N.A.
Trustee
N/A
Lead Market Maker
Virtu Financial

Options

Optionable
N/A
Short Interest
1,500 shs

Miscellaneous

Beta
-2.61
Creation Unit
25,000
Creation Fee
$250.00
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ProShares UltraShort Technology Expenses

TypeREWInformation Technology ETFsEquity ETFsNYSEARCA ETFsAll ETFs
Management Fee0.75%0.51%0.54%0.50%0.51%
Other Expenses1.51%0.29%0.54%0.64%0.58%
Total Expense2.26%0.63%0.70%0.74%0.70%
Fee Waiver-1.31%-0.48%-0.55%-0.68%-0.57%
Net Expense0.95%0.55%0.60%0.58%0.58%

ProShares UltraShort Technology (REW) Holdings

Top 8 REW Holdings

  • NET OTHER ASSETS (LIABILITIES)
    Holding Weight: 0.00%
  • TECHNOLOGY SELECT SECTOR INDEX SWAP CITIBANK NA
    Holding Weight: -1.21%
  • TECHNOLOGY SELECT SECTOR INDEX SWAP GOLDMAN SACHS INTERNATIONAL
    Holding Weight: -17.17%
  • TECHNOLOGY SELECT SECTOR INDEX SWAP BNP PARIBAS
    Holding Weight: -21.95%
  • TECHNOLOGY SELECT SECTOR INDEX SWAP UBS AG
    Holding Weight: -25.76%
  • TECHNOLOGY SELECT SECTOR INDEX SWAP BANK OF AMERICA NA
    Holding Weight: -26.69%
  • TECHNOLOGY SELECT SECTOR INDEX SWAP SOCIETE GENERALE
    Holding Weight: -46.23%
  • TECHNOLOGY SELECT SECTOR INDEX SWAP JPMORGAN CHASE BANK NA
    Holding Weight: -60.66%

Key Executives

  • 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

REW ETF - Frequently Asked Questions

How have REW shares performed in 2024?

ProShares UltraShort Technology's stock was trading at $16.20 on January 1st, 2024. Since then, REW shares have decreased by 1.0% and is now trading at $16.0299.
View the best growth stocks for 2024 here
.

What does REW invest in?

ProShares UltraShort Technology is a equity fund issued by ProShares. REW focuses on information technology investments and follows the S&P Technology Select Sector Index. The fund's investments total to approximately $4.81 million assets under management.

What is the management fee for ProShares UltraShort Technology?

ProShares UltraShort Technology's management fee is 0.75% and has other expenses of 1.51%. However, REW has a fee waiver of -1.31% to reimburse the expenses. The net expense ratio for REW is 0.95%.

When did ProShares UltraShort Technology's stock split?

ProShares UltraShort Technology shares reverse split on Wednesday, April 10th 2024. The 1-2 reverse split was announced on Wednesday, April 10th 2024. The number of shares owned by shareholders was adjusted after the market closes on Wednesday, April 10th 2024. An investor that had 100 shares of stock prior to the reverse split would have 50 shares after the split.

How do I buy shares of ProShares UltraShort Technology?

Shares of REW stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSEARCA:REW) was last updated on 4/19/2024 by MarketBeat.com Staff

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