ProShares UltraShort SmallCap600 (the Fund) seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of the S&P SmallCap 600 Index (the Index). 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 UltraShort SmallCap600
Tax ClassificationRegulated Investment Company
SymbolNYSEARCA:SDD
Inception Date1/23/2007
Fund ManagerMichael Neches, Devin Sullivan
Phone+1-240-4976400
Fund Focus
Asset ClassEquity
BenchmarkS&P SmallCap 600 TR USD
CategorySize and Style
FocusSmall Cap
Development LevelDeveloped Markets
RegionNorth America
Fund Statistics
Assets Under Management$2.25 million
Average Daily Volume$2,758.00
Discount/Premium-4.16%
ETF Expenses
Management Fee0.75%
Other Expenses2.47%
Total Expenses3.22%
Fee Waiver-2.27%
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 UltraShort SmallCap600 (NYSEARCA:SDD) Frequently Asked Questions
What is ProShares UltraShort SmallCap600's stock symbol?
ProShares UltraShort SmallCap600 trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "SDD."
How often does ProShares UltraShort SmallCap600 pay dividends? What is the dividend yield for ProShares UltraShort SmallCap600?
ProShares UltraShort SmallCap600 declared a quarterly dividend on Wednesday, December 26th. Stockholders of record on Thursday, December 27th will be given a dividend of $0.0406 per share on Thursday, January 3rd. This represents a $0.16 dividend on an annualized basis and a dividend yield of 1.27%. The ex-dividend date of this dividend is Wednesday, December 26th. This is a boost from ProShares UltraShort SmallCap600's previous quarterly dividend of $0.04. View ProShares UltraShort SmallCap600's Dividend History.
Has ProShares UltraShort SmallCap600 been receiving favorable news coverage?
News headlines about SDD stock have been trending somewhat positive on Thursday, InfoTrie Sentiment reports. The research firm identifies positive and negative media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. ProShares UltraShort SmallCap600 earned a news impact score of 1.7 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 1.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the near future.
Who are ProShares UltraShort SmallCap600's key executives?
ProShares UltraShort SmallCap600'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 UltraShort SmallCap600's major shareholders?
ProShares UltraShort SmallCap600's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Jane Street Group LLC (7.49%).
Which major investors are buying ProShares UltraShort SmallCap600 stock?
SDD stock was acquired by a variety of institutional investors in the last quarter, including Jane Street Group LLC.
How do I buy shares of ProShares UltraShort SmallCap600?
Shares of SDD 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 UltraShort SmallCap600's stock price today?
One share of SDD stock can currently be purchased for approximately $12.8023.
How big of a company is ProShares UltraShort SmallCap600?
ProShares UltraShort SmallCap600 has a market capitalization of $2.85 million.
What is ProShares UltraShort SmallCap600's official website?
How can I contact ProShares UltraShort SmallCap600?
ProShares UltraShort SmallCap600'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 UltraShort SmallCap600 (NYSEARCA SDD)
MarketBeat's community ratings are surveys of what our community members think about ProShares UltraShort SmallCap600 and other stocks. Vote "Outperform" if you believe SDD will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SDD will underperform the S&P 500 over the long term. You may vote once every thirty days.
