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ProShares Short Basic Materials Stock Forecast, Price & News

+0.49 (+3.38 %)
(As of 10/28/2020 12:00 AM ET)
Today's Range
Now: $14.99
50-Day Range
MA: $14.23
52-Week Range
Now: $14.99
Volume1,260 shs
Average Volume1,502 shs
Market Capitalization$1.50 million
P/E RatioN/A
Dividend Yield0.18%
ProShares Short Basic Materials (the Fund) seeks daily investment results that correspond to the inverse (opposite) of the daily performance of Dow Jones U.S. Basic Materials Index (the Index). The Index measures the performance of the basic materials industry of the United States equity market. The Fund invests in derivatives as a substitute for directly shorting stocks in order to gain inverse exposure to the Index. The Fund invests in financial instruments whose value is derived from the value of an underlying asset, interest rate or index. The Fund also invests in short-term cash instruments that have terms to maturity of less than 397 days and exhibit credit profiles. ProShare Advisors LLC is the investment advisor of the Fund.
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Currency Exposure of SBM

Basic Details

Issuer ProShares
Fund NameProShares Short Basic Materials
Tax ClassificationRegulated Investment Company
Inception Date3/16/2010
Fund ManagerMichael Neches, Tarak Dave

Fund Focus

Asset ClassEquity
BenchmarkDow Jones US Basic Materials Sector Index
FocusBasic Materials
Development LevelDeveloped Markets
RegionNorth America

Fund Statistics

Assets Under Management$1.40 million
Average Daily Volume$500.30

ETF Expenses

Management Fee0.75%
Other Expenses1.92%
Total Expenses2.67%
Fee Waiver-1.72%
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
+0.49 (+3.38 %)
(As of 10/28/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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ProShares Short Basic Materials (NYSEARCA:SBM) Frequently Asked Questions

How has ProShares Short Basic Materials' stock been impacted by COVID-19?

ProShares Short Basic Materials' stock was trading at $22.04 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, SBM stock has decreased by 32.0% and is now trading at $14.9851.
View which stocks have been most impacted by COVID-19

How often does ProShares Short Basic Materials pay dividends? What is the dividend yield for ProShares Short Basic Materials?

ProShares Short Basic Materials announced a quarterly dividend on Wednesday, March 25th. Investors of record on Thursday, March 26th will be paid a dividend of $0.0049 per share on Wednesday, April 1st. This represents a $0.02 annualized dividend and a yield of 0.13%. The ex-dividend date of this dividend is Wednesday, March 25th.
View ProShares Short Basic Materials' dividend history

What other stocks do shareholders of ProShares Short Basic Materials own?

Based on aggregate information from My MarketBeat watchlists, some companies that other ProShares Short Basic Materials investors own include Talend (TLND), Nexvet Biopharma (NVET) and IGO Limited (IGO.AX) (IGO).

What is ProShares Short Basic Materials' stock symbol?

ProShares Short Basic Materials trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "SBM."

How do I buy shares of ProShares Short Basic Materials?

Shares of SBM 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 Basic Materials' stock price today?

One share of SBM stock can currently be purchased for approximately $14.99.

How big of a company is ProShares Short Basic Materials?

ProShares Short Basic Materials has a market capitalization of $1.50 million.

What is ProShares Short Basic Materials' official website?

The official website for ProShares Short Basic Materials is www.proshares.com.

How can I contact ProShares Short Basic Materials?

ProShares Short Basic Materials' mailing address is SUITE 1000, 7501 WISCONSIN AVENUE, BETHESDA, MD 20814, United States. The company can be reached via phone at +1-240-4976400.

This page was last updated on 10/29/2020 by MarketBeat.com Staff

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