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NYSEARCA:SKF - ProShares UltraShort Financials Stock Price, Forecast & News

+0.74 (+4.56 %)
(As of 02/28/2020 04:00 PM ET)
Today's Range
Now: $16.96
50-Day Range
MA: $13.46
52-Week Range
Now: $16.96
Volume298,385 shs
Average Volume46,096 shs
Market Capitalization$30.87 million
P/E RatioN/A
Dividend Yield1.18%
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.

Basic Details

Issuer ProShares
Fund NameProShares UltraShort Financials
Tax ClassificationRegulated Investment Company
Inception Date1/30/2007
Fund ManagerMichael Neches, Tarak Dave

Fund Focus

Asset ClassEquity
BenchmarkDow Jones US Financial Sector Index
Development LevelDeveloped Markets
RegionNorth America

Fund Statistics

Assets Under Management$29.53 million
Average Daily Volume$46,732.00

ETF Expenses

Management Fee0.75%
Other Expenses0.35%
Total Expenses1.10%
Fee Waiver-0.15%
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 MakerVirtu Financial

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Geographic Exposure of ProShares UltraShort Financials (NYSEARCA:SKF)
Currency Exposure of ProShares UltraShort Financials (NYSEARCA:SKF)
Sector Exposure of ProShares UltraShort Financials (NYSEARCA:SKF)

ProShares UltraShort Financials (NYSEARCA:SKF) Frequently Asked Questions

What is ProShares UltraShort Financials' stock symbol?

ProShares UltraShort Financials trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "SKF."

How often does ProShares UltraShort Financials pay dividends? What is the dividend yield for ProShares UltraShort Financials?

ProShares UltraShort Financials announced a quarterly dividend on Tuesday, December 24th. Investors of record on Thursday, December 26th will be paid a dividend of $0.0425 per share on Thursday, January 2nd. This represents a $0.17 dividend on an annualized basis and a dividend yield of 1.00%. The ex-dividend date is Tuesday, December 24th. This is a positive change from ProShares UltraShort Financials's previous quarterly dividend of $0.04. View ProShares UltraShort Financials' Dividend History.

Has ProShares UltraShort Financials been receiving favorable news coverage?

News stories about SKF stock have been trending very negative on Saturday, according to InfoTrie Sentiment. InfoTrie identifies positive and negative media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. ProShares UltraShort Financials earned a news sentiment score of -4.0 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 6.0 out of 10, meaning that recent media coverage is somewhat likely to have an effect on the company's share price in the near term. View News Stories for ProShares UltraShort Financials.

What other stocks do shareholders of ProShares UltraShort Financials own?

Based on aggregate information from My MarketBeat watchlists, some companies that other ProShares UltraShort Financials investors own include Advanced Micro Devices (AMD), Etsy (ETSY), Fortinet (FTNT), Illumina (ILMN), Clorox (CLX), Walt Disney (DIS), Enterprise Products Partners (EPD), IBM (IBM), Lockheed Martin (LMT) and Mplx (MPLX).

Who are ProShares UltraShort Financials' key executives?

ProShares UltraShort Financials' 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 Financials' major shareholders?

ProShares UltraShort Financials' stock is owned by a number of of institutional and retail investors. Top institutional investors include Tower Research Capital LLC TRC (1.54%) and UBS Group AG (0.16%). View Institutional Ownership Trends for ProShares UltraShort Financials.

Which institutional investors are buying ProShares UltraShort Financials stock?

SKF stock was bought by a variety of institutional investors in the last quarter, including Tower Research Capital LLC TRC and UBS Group AG. View Insider Buying and Selling for ProShares UltraShort Financials.

How do I buy shares of ProShares UltraShort Financials?

Shares of SKF 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 UltraShort Financials' stock price today?

One share of SKF stock can currently be purchased for approximately $16.96.

How big of a company is ProShares UltraShort Financials?

ProShares UltraShort Financials has a market capitalization of $30.87 million. View Additional Information About ProShares UltraShort Financials.

What is ProShares UltraShort Financials' official website?

The official website for ProShares UltraShort Financials is http://www.proshares.com/.

How can I contact ProShares UltraShort Financials?

ProShares UltraShort Financials' mailing address is 7501 Wisconsin Avenue Suite 1000, Bethesda, MD 20814, United States. The company can be reached via phone at +1-240-4976400.

MarketBeat Community Rating for ProShares UltraShort Financials (NYSEARCA SKF)

Community Ranking:  3.0 out of 5 (star star star)
Outperform Votes:  24 (Thanks for Voting!)
Underperform Votes:  16 (Thanks for Voting!)
Total Votes:  40
MarketBeat's community ratings are surveys of what our community members think about ProShares UltraShort Financials and other stocks. Vote "Outperform" if you believe SKF will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SKF will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/29/2020 by MarketBeat.com Staff

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