NYSEARCA:SDP

ProShares UltraShort Utilities (SDP) Price, Holdings, & News

$11.16
-0.16 (-1.41%)
(As of 04/24/2024 ET)
Today's Range
$11.13
$11.31
50-Day Range
$11.16
$13.65
52-Week Range
$10.69
$17.08
Volume
11,980 shs
Average Volume
6,761 shs
Market Capitalization
$822,553.02
Assets Under Management
$833,780.57
Dividend Yield
0.54%
Net Expense Ratio
0.95%

About ProShares UltraShort Utilities

ProShares UltraShort Utilities (the Fund) seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of the Dow Jones U.S. Utilities 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.

SDP Stock Price History

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Fund Details

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

Fund Focus

Asset Class
Equity
Benchmark
S&P Utilities Select Sector Index
Category
Sector
Focus
Utilities
Development Level
Developed Markets
Region
North America
Number of Holdings
23

Fund Statistics

Assets Under Management
$833,780.57
Average Daily Volume
$5,373.90
Discount/Premium
0.01%
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
IMC

Options

Optionable
N/A
Short Interest
2,400 shs

Miscellaneous

Beta
-1.04
Creation Unit
25,000
Creation Fee
$250.00
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ProShares UltraShort Utilities Expenses

TypeSDPUtilities ETFsEquity ETFsNYSEARCA ETFsAll ETFs
Management Fee0.75%0.42%0.54%0.50%0.51%
Other Expenses3.93%0.76%0.54%0.64%0.58%
Total Expense4.68%0.80%0.70%0.74%0.70%
Fee Waiver-3.73%-1.10%-0.55%-0.68%-0.57%
Net Expense0.95%0.48%0.60%0.57%0.58%

ProShares UltraShort Utilities (SDP) Holdings

Top 5 SDP Holdings

  • NET OTHER ASSETS (LIABILITIES)
    Holding Weight: 0.00%
  • UTILITIES SELECT SECTOR INDEX SWAP UBS AG
    Holding Weight: -13.27%
  • UTILITIES SELECT SECTOR INDEX SWAP BANK OF AMERICA NA
    Holding Weight: -34.23%
  • UTILITIES SELECT SECTOR INDEX SWAP GOLDMAN SACHS INTERNATIONAL
    Holding Weight: -38.93%
  • UTILITIES SELECT SECTOR INDEX SWAP SOCIETE GENERALE
    Holding Weight: -112.90%

Key Executives

  • Michael L. Sapir (Age 57)
    Chairman of ProShares Trust
  • Louis M. Mayberg (Age 53)
    President of ProShares Trust
  • Victor M. Frye Esq. (Age 56)
    Chief Compliance Officer and AML Officer of ProShares Trust
  • Simon D. Collier (Age 51)
    Treasurer of ProShares Trust
  • Gary A. Casagrande (Age 40)
    Assistant Treasurer of ProShares Trust
  • Charles S. Todd (Age 41)
    Assistant Treasurer of ProShares Trust
  • Stephenie Adams (Age 43)
    Acting Secretary of ProShares Trust
  • Gregory Pickard Esq. (Age 48)
    Assistant Secretary of ProShares Trust
  • Russell S. Reynolds III (Age 55)
    Trustee of ProShares Trust
  • Michael C. Wachs (Age 51)
    Trustee of ProShares Trust

SDP ETF - Frequently Asked Questions

How have SDP shares performed in 2024?

ProShares UltraShort Utilities' stock was trading at $12.49 at the start of the year. Since then, SDP stock has decreased by 10.7% and is now trading at $11.1578.
View the best growth stocks for 2024 here
.

What does SDP invest in?

ProShares UltraShort Utilities is a equity fund issued by ProShares. SDP focuses on utilities investments and follows the S&P Utilities Select Sector Index. The fund's investments total to approximately $833,780.57 assets under management.

What is the management fee for ProShares UltraShort Utilities?

ProShares UltraShort Utilities' management fee is 0.75% and has other expenses of 3.93%. However, SDP has a fee waiver of -3.73% to reimburse the expenses. The net expense ratio for SDP is 0.95%.

How do I buy shares of ProShares UltraShort Utilities?

Shares of SDP 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:SDP) was last updated on 4/25/2024 by MarketBeat.com Staff

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