ProShares Ultra Health Care (the Fund) seeks daily investment results that correspond to twice (200%) the daily performance of the Dow Jones U.S. Health Care 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 Health Care
Tax ClassificationRegulated Investment Company
SymbolNYSEARCA:RXL
Inception Date1/30/2007
Fund ManagerMichael Neches, Tarak Dave
Phone+1-240-4976400
Fund Focus
Asset ClassEquity
BenchmarkDJ US Health Care TR USD
CategorySector
FocusHealth Care
Development LevelDeveloped Markets
RegionNorth America
Fund Statistics
Assets Under Management$102.60 million
Average Daily Volume$21,304.00
Discount/Premium-6.66%
ETF Expenses
Management Fee0.75%
Other Expenses0.34%
Total Expenses1.09%
Fee Waiver-0.14%
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
ProShares Ultra Health Care (NYSEARCA:RXL) Frequently Asked Questions
What is ProShares Ultra Health Care's stock symbol?
ProShares Ultra Health Care trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "RXL."
How often does ProShares Ultra Health Care pay dividends? What is the dividend yield for ProShares Ultra Health Care?
ProShares Ultra Health Care declared a quarterly dividend on Thursday, September 27th. Stockholders of record on Thursday, September 27th will be paid a dividend of $0.0532 per share on Wednesday, October 3rd. This represents a $0.21 dividend on an annualized basis and a dividend yield of 0.22%. The ex-dividend date is Wednesday, September 26th. View ProShares Ultra Health Care's Dividend History.
Has ProShares Ultra Health Care been receiving favorable news coverage?
News coverage about RXL stock has been trending somewhat positive on Saturday, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative news coverage by analyzing more than six thousand news and blog sources. 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 Health Care earned a media sentiment score of 1.2 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 6.0 out of 10, indicating that recent news coverage is somewhat likely to have an impact on the stock's share price in the immediate future.
Who are ProShares Ultra Health Care's key executives?
ProShares Ultra Health Care's 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 Health Care's major shareholders?
ProShares Ultra Health Care's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Jane Street Group LLC (1.59%), Envestnet Asset Management Inc. (0.35%), Creative Planning (0.12%), Bell Rock Capital LLC (0.12%), Tower Research Capital LLC TRC (0.11%) and Simplex Trading LLC (0.09%).
Which major investors are selling ProShares Ultra Health Care stock?
RXL stock was sold by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc..
Which major investors are buying ProShares Ultra Health Care stock?
RXL stock was purchased by a variety of institutional investors in the last quarter, including Jane Street Group LLC, Creative Planning, Bell Rock Capital LLC, Tower Research Capital LLC TRC and Simplex Trading LLC.
How do I buy shares of ProShares Ultra Health Care?
Shares of RXL 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 Health Care's stock price today?
One share of RXL stock can currently be purchased for approximately $97.71.
What is ProShares Ultra Health Care's official website?
How can I contact ProShares Ultra Health Care?
ProShares Ultra Health Care'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 Ultra Health Care (NYSEARCA RXL)
MarketBeat's community ratings are surveys of what our community members think about ProShares Ultra Health Care and other stocks. Vote "Outperform" if you believe RXL will outperform the S&P 500 over the long term. Vote "Underperform" if you believe RXL will underperform the S&P 500 over the long term. You may vote once every thirty days.
