ProShares UltraShort Financials (SKF) Price, Holdings, & News

ETF Overview

ProShares UltraShort Financials (the Fund) seeks daily investment results that correspond to twice the inverse daily performance of the Dow Jones U.S. Financials Index (the Index). The Index measures the performance of the financial services industry of the United States equity market. Component companies include regional banks; United States-domiciled international banks; full line, life and property and casualty insurance companies; companies that invest directly or indirectly in real estate; diversified financial companies, such as Federal National Mortgage Association, credit card issuers and investment advisers; securities brokers and dealers, including investment banks, merchant banks and online brokers, and publicly traded stock exchanges. It takes positions in securities and financial instruments that, in combination, should have similar daily return characteristics as -200% of the daily return of the Index.

Key Stats

• Today's Range: $26.69 to $26.89
• 50-Day Range: $26.71 to $29.47
• 52-Week Range: $26.62 to $44.19
• Volume: 3,843 shs
• Average Volume: 19,256 shs
• Market Capitalization: $9.89 million
• Assets Under Management: $10.03 million
• Dividend Yield: 7.07%
• Net Expense Ratio: 0.95%
• Aggregate Rating: N/A

SKF ETF - Frequently Asked Questions

How have SKF shares performed this year?

ProShares UltraShort Financials' stock was trading at $35.19 at the start of the year. Since then, SKF shares have decreased by 24.1% and is now trading at $26.7190.

When did ProShares UltraShort Financials' stock split?

Shares of ProShares UltraShort Financials reverse split on Thursday, November 7th 2024.The 1-4 reverse split was announced on Monday, October 28th 2024. The number of shares owned by shareholders was adjusted after the closing bell on Wednesday, November 6th 2024. An investor that had 100 shares of stock prior to the reverse split would have 25 shares after the split.

Who are ProShares UltraShort Financials' major shareholders?

Top institutional shareholders of ProShares UltraShort Financials include Tower Research Capital LLC TRC (3.74%) and Group One Trading LLC (0.35%).

How do I buy shares of ProShares UltraShort Financials?

Shares of SKF 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.

What other stocks do shareholders of ProShares UltraShort Financials own?

Based on aggregate information from My MarketBeat watchlists, some other companies that ProShares UltraShort Financials investors own include International Business Machines (IBM), Meta Platforms (META), NVIDIA (NVDA), Adobe (ADBE), Applied Materials (AMAT), Advanced Micro Devices (AMD) and Broadcom (AVGO).

Fund Details

• Issuer: ProShares
• Fund Name: ProShares UltraShort Financials
• Tax Classification: Regulated Investment Company
• Stock Exchange: NYSEARCA
• Current Symbol: NYSEARCA:SKF
• Inception Date: 1/30/2007
• Fund Manager: Michael Neches, Tarak Dave
• Web: www.proshares.com
• Phone: +1-240-4976400

Fund Focus

• Asset Class: Equity
• Benchmark: S&P Financial Select Sector Index
• Category: Sector
• Focus: Financials
• Development Level: Developed Markets
• Region: North America
• Number of Holdings: 29

Fund Statistics

• Assets Under Management: $10.03 million
• Average Daily Volume: $7.70 thousand
• Discount/Premium: -0.03%
• Leveraged: -2.00

Administrator, Advisor and Custodian

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

Options

• Optionable: Optionable
• Options Volume: 12
• Put Options: 2
• Call Options: 10
• Short Interest: 5,500 shs

Miscellaneous

• Outstanding Shares: 370,000
• Beta: -1.90
• Creation Unit: 25,000
• Creation Fee: $250.00